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 Tue 16th January 2007
11th January 2007 – first spike in demand above 30,000MW
There was a temperature-driven spike in demand across the NEM later in the week beginning Sunday 7th January – culminating in the summer’s first demand peak above 30,000MW (on Thursday 11th January).
On this occasion, the spot price spiked above $1000/MWh in Queensland, NSW, Snowy and Victoria,
Paul McArdle Sun 8th December 2024
Evening volatility (and high demand) in QLD on Sunday 8th December 2024
Recording a snapshot from NEMwatch at the 18:00 dispatch interval on Sunday 8th December 2024 to record the start of a run of volatility in QLD (and in NSW).
Paul McArdle Tue 15th June 2021
More persistent spot price volatility in the QLD region on Tuesday morning, 15th June 2021
Morning spot price volatility in the QLD region persists further into the morning (Tue 15th June) than has become expected.
Chris Thompson Fri 1st March 2019
Lessons Learnt from Amber’s first summer of Spot Exposure in the NEM
Now that summer 2018-19 has passed, we can reflect on our experiences as a new entrant energy services company facilitating spot exposure for residential energy users – and hence expanding the scope for Demand Response in the NEM.
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.