Here’s a snapshot from NEMwatch at 19:15 this evening:
With respect to the numbering:
1) We see NSW spot price capped at $300/MWh under Administered Pricing … which (per the Market Notice top of the window) started from 18:25 this evening (after this note from me).
2) There’s an escalating risk of further cascading failure across more regions, with:
(a) SA already past $1,000,000; and
(b) VIC not far below.
3) In a bit of good news this evening we see ‘Market Demand’ on a NEM-wide basis, and for each region, turning the corner