A short article fro Monday evening with a snapshot from NEMwatch at 17:30 with the spot price up around the Market Price Cap in NSW, VIC and SA this evening:
No other comments at this stage…
About the Author
Paul McArdle
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.
Related Articles
Paul McArdle
Monday, January 31 2022
Price volatility (and low IRPM) on Monday 31st January 2022 – in QLD, VIC, SA (a first initial review)
A short (and first) look at some of the market activity on a volatile evening in several regions – SA and VIC, and with QLD joining the fray a bit later.
Paul McArdle
Tuesday, March 14 2017
With the closure of Hazelwood looming, hedge contract prices climb skywards
Ominous signs for spot price outcomes through Q2 2016 in Victoria, as hedge contract prices climb prior to the imminent closure of Hazelwood.
Paul McArdle
Thursday, August 1 2024
A (very!) quick look at bidding behaviour (NEM-wide) over recent days
Curiosity drove us to take this initial (and very quick) look at bidding behaviour, NEM-wide, across the past 14 days in relation to recent NEM-wide price volatility.
Josh Stabler
Tuesday, September 21 2021
The Contagion of Scarcity
Guest author, Josh Stabler of Energy Edge, provides a look into the ‘contagion of scarcity’ events impacting the market since mid-May 2021.
The NEM is certainly creating some volatility alright-
https://www.youtube.com/watch?v=CSkFPA81Uws
That’s not mincing words and calls for a response from the CSIRO and AEMO.