And so it begins this evening, with an SMS alert highlighting the drop in Instantaneous Reserve Plant Margin (IRPM) to only 13% this evening … here it is, in a NEMwatch snapshot from 17:30:
Note that the Cumulative Price for the NSW region is now above $1,200,000 … so it seems likely NSW will also be under Administered Pricing by tomorrow morning…
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.
AEMO’s forecast showing Sunday evening’s electricity demand for Queensland could reach a new record with the 40 degree temperatures in South-East Queensland.
I’ve already noted about the appropriateness of holding the EUAA National Conference this week … with gas and electricity spot prices being elevated as they have been in recent times! This evening (Monday 9th May 2022) market volatility has put…
A follow-on article focused on the 19:00 dispatch interval on Wednesday 12th February 2025 in South Australia (a very tight period for supply-demand balance).
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