IRPM on a NEM-wide basis drops down to 9% again, at 20:05

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.

Note also that the Cumulative Price in both SA and VIC are now above … so well on the way to join QLD and NSW above the Cumulative Price Threshold (CPT) of $1,359,100.

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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