1) Both VIC and SA are out of the ‘green zone’ signfying relatively high ‘Market Demand’ in relation to historical records … though still below the red-line ‘all time maximums’.
2) Prices in this dispatch interval have just risen above $1,000/MWh for the first time, after being in the range $300/MWh to $1000/MWh for a few dispatch intervals previously
3) The sun is setting, and so is solar yield – and this unfortunately coincides with a lull in wind production (which we’d seen in these forecasts on Friday).
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.
UQ’s Andrew Wilson pens a case study on the market events that occured on Tuesday the 13th of October in the QLD region, in which he examines the relative performance of UQ’s 1.1MW behind-the-meter battery during this period of market volatility.
Some high temperatures in Victoria and South Australia drive demand higher and, because of transmission constraints, the IRPM in the Economic Island lower.
In this guest-authored article by Endgame Economics, Oliver Nunn examines growing ‘noise’ in NEM spot prices — how increasingly frequent oscillations appear to have a structural, intraday pattern, what may be driving it, and why it matters for market behaviour and battery investment outcomes.
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