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:
One of three founders of Global-Roam back in 2000, Paul has been CEO of the company since that time.
As an author on WattClarity, Paul's focus has been to help make the electricity market more understandable.
An unfortunately timed significant slump in output across all Wind and Large Solar plant in NSW was another of the factors contributing to the price volatility seen in NSW last week.
One of the more recent developments we’ve observed in the NEM is the downward trend in gas powered generation, raising concerns as to whether there is more pain to come for east coast industrial consumers.
1 Commenton "Market volatility on Monday 27th June 2022"
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.
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.