A short article today (something to refer back to later) with a snapshot from NEMwatch at 18:00 (NEM time) with spot prices up in QLD and NSW:
The weather in Brisbane’s been not so ghastly as yesterday, with a fair amount of rain and cloud cover (hence the much more subdued solar yield shown through this day) … though still allowed for an enthralling 4th day and finish to the Gabba test.
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.
A forecast LOR3 for this afternoon reappeared in the P30 forecasts for four hours this morning, as demand forecasts for the region jumped by approximately 200MW.
It is curious that despite of the findings of the recent ACCC enquiries and the on-going regulatory uncertainty (at both a state and federal level), anyone would be willing to set-up an electricity retailer. New venturers in the energy market…
A starting list of a number of factors that combined to deliver sustained higher wholesale electricity prices in the Queensland region across the weekend of Saturday 12th January and Sunday 13th January 2013.
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