Volatility in QLD and NSW on Monday 26th February 2024

A short article with a snapshot from NEMwatch at 15:45 showing the QLD spot price up near the Market Price Cap, and NSW also above $1,000/MWh:


I particularly noticed the IRPM of the QLD-only ‘Economic Island’ formed by the lack of spare import capability (indeed, limits set so that QNI and DLINK must flow south) down at 3%

This is because of only 300MW of spare Available Generation, by the numbers AEMO published in this dispatch interval.  I don’t have time to look at what capacity is unavailable, for it must be a fair amount!

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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