We’re still keeping an eye on what’s unfolding today, and worth a short middle-of-day article with this snapshot from NEMwatch at 12:15 highlighting how prices have been more elevated (in NSW) through a number of dispatch intervals during the middle of the day:
There are other factors at work, but worth flagging the effect of cloud cover over coastal (i.e. population) areas across NSW that is putting a damper on rooftop PV and hence supporting higher-than-usual levels of Market Demand … which is leading into higher pricing.
Here’s a snapshot from the BOM satellite image at 11:30 (so ~45 minutes before the NEMwatch snapshot above):
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.
Leave a comment