Also worth a short note this evening with this snapshot from the ‘Bids & Offers’ widget in ez2view, filtered down to just showing bids for Eraring Unit 3 (i.e. ER03), which has started coming back online this evening:
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.
Curiosity drove us to take this initial (and very quick) look at bidding behaviour, NEM-wide, across the past 14 days in relation to recent NEM-wide price volatility.
It was too tempting to take some time today to look back on the first fully 5-minute bids from Friday 1st October (the start of Five Minute Settlement) to see how much has changed.
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