Now that we’re reviewing 2024 Q1 more systematically, we’re starting to see other things as well – which are being explored and explained in the GenInsights Quarterly Updates for 2024 Q1report. To assist in that process, we’ve posted here this 3-day trend covering Saturday 3rd February, Sunday 4th February and Monday 5th February 2024 (produced with NEMreview v7):
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.
This 8th case study in this series presents tabular results for all Semi-Scheduled DUIDs which were operational at the time of the SA System Black event.
Following yesterday’s warnings about the potential for a tight supply/demand balance in South Australia this week, it was not really a surprise when the SMS alerts from NEM-Watch began buzzing for the 07:20 dispatch interval this morning (NEM time), highlighting that the dispatch price in SA had jumped to $12,199.20/MWh. This has continued through the morning.
One of 12 articles on the months past in the NEM. February has seen multiple price spikes over the years often as a result of high demand caused by the summer heat, but also during times of surplus available generation capacity.
This 7th case study in a series takes a look at 1 of 3 dispatch intervals during 2016 that saw extreme under-performance (in aggregate) across all Semi-Scheduled plant.
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