Worth a short note to highlight the expectation that the Cumulative Price in NSW will drop back under the Cumulative Price Threshold this evening (Tuesday 14th May 2024) … seven days after the initial bout of evening volatility on Tuesday 7th May 2024 started the climb into Administered Pricing:
Here’s a snapshot at 13:59 today (NEM time) showing where we are currently at, and with the expected trajectory sketched in.
This trend was developed using the ‘Trends Engine’ function within ez2view – but we’ve published as a dashboard so you should be able to log in here and watch what happens…
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.
With Market Suspension (just) behind us, in this weekend article we take a look over the past 16 days to see how volumes offered to the market from the two types of plant have varied … and the prices they are offered at. The question is asked … why did those DUIDs withdraw capacity from the NEMDE dispatch and pricing run?
Not long after speaking with a client about forecast evening volatility in NSW for Wednesday 15th January 2025, we see price spikes beginning at 14:00 in the afternoon. So we take a first look….
Given the tight supply-demand balance forecast for NSW and QLD this week, it’s worth revisiting the ‘Generator Outages’ widget in ez2view at 15:35 on Sunday 24th November 2024 to show what the current status is of generator outage plans
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