With pricing now reverting to normal process, it’s worth flagging two Market Notices AEMO published with reference to forecast LOR3 in the South Australian region today (i.e. Thu 23rd June) pertaining to next week Wednesday and Thursday as follows:
Thursday is a long way off (in relative terms) so we’d expect to see forecasts progressively improve (as they did for Wednesday). Now in ‘Forecast Convergence’ in ez2view v9.4.2.62 clients can do this!
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.
A preliminary look at a number of events that happened today, leading to prices spiking to the Market Price Cap in a number of regions, Demand Side Response being very active, and trading desks being very busy.
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