South Australia spikes, with Heywood unconstrained … with QLD under Administered Pricing

This one will take some head scratching later, but thought I would leave this NEMwatch snapshot at 19:10 with readers for the evening:

2022-06-12-at-19-10-NEMwatch-SA-price-1010bucks

Per the earlier article:

1)  The QLD region is under Administered Pricing;

2)  However the SA price has spiked to $1,010.71/MWh

3)  Yet the VIC price (and NSW price) has dropped from 18:55 below $300/MWh with the advent of the Administered Pricing;

4)  And the Heywood interconnector is unconstrained.

 

Given the complexities of Administered Pricing, I’m sure we’ll continue to see some head-scratching outcomes…


About the Author

Paul McArdle
One of three founders of Global-Roam back in 2000, Paul has been CEO of the company since that time. As an author on WattClarity, Paul's focus has been to help make the electricity market more understandable.

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