Trended bids (and production) from gas-fired generation over the past 90 days

A short article today with this snapshot from ez2view at the 11:55 dispatch interval highlighting two widgets:


Of these two widgets:

1)  On the left is the ‘Bids & Offers’ widget:

(a)  this has been filtered down to show bids just for gas-fired generation and looking back the past 90 days

(b)  remembering that, across all types of supply sources, we have seen a declining volume of bids in green (i.e. bid between $0/MWh and $300/MWh) it’s not so much of a surprise to see almost no volume from these generators bid in the green range;

(c)  we can clearly see through Q2 two things:

i.  An escalating daily volume of production from gas-fired generation, right across the NEM; but also

ii.  A very ‘peaky’ daily load shape for these generators … no surprise for guessing that these peaks typically occur during evening periods … with the highest being the recent low IRPM evenings in the week just passed (Monday 17th June, Tuesday 18th June , Wednesday 19th june, Thursday 20th June … noting there was a reprieve in terms of IRPM on Friday 21st June)

2)  On the right is the ‘Gas Map’ widget, which has resized down to a table in this smaller space … but still showing the current spicy prices.


That’s all for now…

About the Author

Paul McArdle
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.

Be the first to comment on "Trended bids (and production) from gas-fired generation over the past 90 days"

Leave a comment

Your email address will not be published.