A short record, with this snapshot from NEMwatch at 07:30 on Monday 15th April 2024, of some elevated prices in VIC and SA with very low wind production in SA (<50MW) and VIC (<100MW) and with autumn solar harvest not yet ramped up:
This is the one of the various types of events that might be referenced later in GenInsights Quarterly Update for 2024 Q2 (when we start compiling that in about 3 months time).
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.
Prompted by last Friday’s publication of the AER’s ‘Wholesale Markets Quarterly’ for Q2 2021, here’s a tabulated summary of some of the contributing factors of spot price volatility (and hence high average prices) for the quarter – particularly for QLD and NSW.
As the sun sets on Thursday 23rd May 2024 (the day of the announcement of the extension to the Eraring service life) we see aggregate wind yield dropping below 500MW.
There was an ‘Evening blast of spot price volatility in South Australia on Monday 23rd September 2024’ … roughly 6 weeks ago. Today, for several reasons, we start to take a closer look.
1 Commenton "Low wind production on Monday morning 15th April 2024"
SA the wind -eading state, burning diesel, not the first time lately.
Its all over Red Rover, check out Germany and GB to see our future, importing power and deindustrializing hand over fist.
So are we, although does anyone dare to keep a count of the energy-intensive firms that have folded?
And we can’t import from anyone, not until the Sun Cable is operating.