AER released its ‘Wholesale Electricity Market Performance Report 2024’
Adding one more to the ‘Xmas Reading List*’ was the AER in publishing its ‘Wholesale Electricity Market Performance Report 2024’ on Friday 20th December 2024.
2024
AEMC Final Determination in ‘Integrating price-responsive resources into the NEM’
Another for your Xmas Reading List? This one from the AEMC, in publishing its Final Determination last Thursday 19th December 2024 for the ‘Integrating price-responsive resources into the NEM’.
What you might have missed on WattClarity this year: NEM wrapped 2024
Dan provides his annual end-of-year review of our WattClarity coverage throughout 2024.
Where are those Semi-Scheduled Wind Farms in Victoria that were reviewed w.r.t. Monday 16th December 2024
To assist readers in our ongoing review of possible high-temperature (or other) effects on Wind Farm output in Victoria on Monday 16th December 2024, here’s a map we’ve put together to help indicate the...
Claims of market manipulation against QLD Gencos (Stanwell Corporation and CS Energy) dismissed … part 3
Guest author, James Prest, expands on what he'd previously published on LinkedIn with this longer review of the QUD19/2021 QLD Class Action.
AEMO publishes ‘Local Temperature Alert’ for Wed 25th Dec and Thu 26th Dec 2024
A short note to record AEMO MN122436 noting Local Temperature Alerts for SA, VIC on Wed 25th and Thu 26th December 2024
Final Report from the Select Committee on Energy Planning and Regulation in Australia
On Friday 20th December 2024 we saw the release of the Final Report from the Select Committee on Energy Planning and Regulation in Australia, which has been run by the Australian Senate in recent...
AEMO publishes ‘Statement of Need’ for MSL Transitional Services
AEMO has, on Monday 23rd December 2024 published this Statement of Need for MSL Transitional Services.
Low ‘Market Demand’ … and Actual MSL1 … in Victoria on Sunday 22nd December 2024
A short article to record the incidence of the ‘Actual MSL1’ event for the VIC region, which AEMO noted in MN122399 at 11:16 on Sunday 22nd December 2024
AEMO forecasts a (second ever?) MSL2-level ‘Minimum System Load’ for Victoria on Sunday 22nd December 2024
Worth noting MN122275 published at 15:51 on Thursday 19th December 2024 being what I believe might be the second-ever forecast for the tighter MSL2- level alert for the coming Sunday 22nd December 2024.
Planned network outage on Line 17 (Avon to Macarthur) commences on Wednesday morning 18th December 2024, as per the (deferred) plan
A short note to highlight that the alerting in ez2view has flagged that the (deferred) network outage (in the ‘N-X_AVMA_KCTX’ constraint set) commenced Wednesday morning 18th December 2024.
Part 2 in a review of bidding, on Monday 16th December 2024 (a focus on VIC Wind Farms)
We’ve posted ‘A quick initial review of bids, for Monday 16th December 2024’ early in the morning of the following day. In this follow-on article, we focus specifically on Wind Farms in Victoria -...
Actual LOR1 eventuates in NSW on Tue afternoon 17th Dec 2024
Market Notice #122113 states that an actual LOR1 condition has eventuated in NSW, with prices and demand still fluctuating in the region at the time of writing.
Locations of last week’s CIS winners vs known areas of congestion
After a suggestion from a reader, Dan plots the locations of the 19 winning CIS projects announced last week against economic and network curtailment data.
Price start to climb in (QLD and) NSW on Tuesday 17th December 2024
A short article with this NEMwatch snapshot at 15:20 (NEM time) to highlight that spot prices in NSW and QLD have started to climb, but demand forecast for NSW is moderating.
Victoria soared to 47°C yesterday, for first time since Black Summer
Weatherzone's Ant Sharwood shares insights into yesterday's extreme temperatures in Victoria.
Putting Victoria’s high demand levels (on Monday 16th December 2024) in longer-term context
Electricity Demand in Victoria on Monday 16th December 2024 reached quite high levels … but they were not ‘all time maximum’ (i.e if looking at 'Market Demand' or 'Grid Demand').
Very fast FCAS, 2024 in review
A 2024 review of the trend in the very fast FCAS services captures enablements, availabilities and costs.
A quick initial review of bids, for Monday 16th December 2024
Monday 16th December 2024 was an interesting day in the NEM for a number of reasons. So we’ll use the ‘Bids & Offers’ widget in ez2view to do this quick initial review and then,...
NEM-wide ‘Market Demand’ peaks at 33,674MW at 17:30 on Monday 16th December 2024
A short after-the-fact note to confirm NEM-wide ‘Market Demand’ was (as predicted) highest since 31st January 2020 (almost 4 years ago) ... in a case where AEMO Operational Forecasting team nailed the demand in...