Keep an eye on the Cumulative Price … especially in South Australia

I’ve been focused elsewhere (including on a looming deadline with respect to our detailed review of 2024 Q2), but have not been immune from the persistent buzzing of my phone with frequent SMS and other alerts in relation to recent volatility in the NEM:

1)  Particularly in South Australia on Sunday evening 28th July 2024;

2)  Across all regions on Monday evening 29th July 2024;

3)  Across all regions on Tuesday evening 30th July 2024 … but particularly (and persistently) in South Australia.

Worth a reminder to our readers to keep an eye on the ‘Cumulative Price’, particularly in South Australia, with it currently over half-way to the Cumulative Price Threshold … as captured here in this pre-configured image from the ‘Trends Engine’ within our ez2view software:

As we’d shared it previously in our ‘Dashboards’ platform, a reminder here that readers should be able to watch it unfold here over the coming days through until Sunday evening 4th August (when the volatility from Sunday evening 28th July 2024 will start rolling off).

Remember that South Australia has reached Administered Pricing a number of times in the past, as detailed here.