This NEMwatch snapshot from 20:05 highlights that, whilst ‘Market Demand’ continues to drop into the evening, there has also been reductions in Available Generation in NSW and QLD (both under Administered Pricing now) and also in VIC:
The net result of this is that the IRPM has dropped to 9% again this evening.
Paul was one of the founders of Global-Roam in February 2000. He is currently the CEO of the company and the principal author of WattClarity. Writing for WattClarity has become a natural extension of his work in understanding the electricity market, enabling him to lead the team in developing better software for clients.
Before co-founding the company, Paul worked as a Mechanical Engineer for the Queensland Electricity Commission in the early 1990s. He also gained international experience in Japan, the United States, Canada, the UK, and Argentina as part of his ES Cornwall Memorial Scholarship.
Prices have (finally!) subsided, so here’s an initial review of what I can see about what happened in South Australia on Friday evening 12th March 2021. Apologies for mistakes (it’s rushed, there will be some)…
It’s Friday morning and AEMO has just published a Market Notice to alert the market that RERT was contracted for yesterday evening in NSW (Thu 14th Dec 2023).
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