A spurt of price volatility in South Australia on Thursday 6th June 2024

Another bout similar to what Linton noted here for Tuesday 4th June 2024, with volatility Thursday afternoon 6th June such as captured in this NEMwatch snapshot at 16:15:


With reference to the numbered notes:

1)  Spot price in this dispatch interval up towards $10,000/MWh for this dispatch interval

2)  ‘Market Demand’ relatively modest, in the green zone

3)  Restricted ability to import from Victoria

4)  And the gas-fired generators running, with:

(a)  relatively modest wind generation and

(b)  solar trending down from its earlier peak.

5)  Not annotated, but visible in the chart, we see that prices in SA have been elevated the whole day.

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.

2 Comments on "A spurt of price volatility in South Australia on Thursday 6th June 2024"

  1. There was an unusual drop in Pelican Point output from 490 MW at 1600 to 81 MW at 1620 before resuming full output around 1800. Bolivar, Snapper Pt and Hallett all responded immediately to the change.

    • Yep, PP clearly had a very significant wobble (technical term) as its output was running up towards full capacity and that together with the 50 MW import constraint across Heywood, which is here every day for the next week and bit, drove the $9.5k/MWh spike.

Leave a comment

Your email address will not be published.