Spot price volatility in QLD and NSW on Sunday 19th March 2023

Posted by Paul McArdle Sunday, March 19 2023 Topic: Autumn 2023 in the NEM

The heat is still with us and the price volatility has begun again from the 17:35 dispatch interval on Sunday 19th March 2023 – as captured in this snapshot from NEMwatch at the time:

2023-03-19-at-17-35-NEMwatch-spike-QLDandNSW

Note a couple things:

1)  High temperatures driving ‘Market Demand’ above the green zone for both QLD and NSW;

2)  Constrained imports from VIC;

3)  An ‘Actual LOR1’ level notice from AEMO;

4)  Matched with a low IRPM alert for the QLD+NSW ‘Economic Island’.

 

 

Nothing further, at this point…

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About the Author

Paul McArdle
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.

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