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…
One of three founders of Global-Roam back in 2000, Paul has been CEO of the company since that time.
As an author on WattClarity, Paul's focus has been to help make the electricity market more understandable.
It was volatile this morning well past that’s become ‘normal’ and the volatility has returned (as I expected it would) this evening. Here’s the snapshot of the 17:20 dispatch interval from one of our NEMwatch v10 dashboards: As highlighted: 1) …
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?
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