The SA region has seen a serving of high prices early this evening starting from around 6pm, The price in the region has so far peaked at $12,500.44/MWh, which occurred during the 19:00 dispatch interval.
The screenshot below shows the last hour of SMS price alerts, coming from my copy of ez2view.
Dan is a Market Analyst, who joined Global-Roam in June 2013.
He departed (and returned) for a couple of brief stints overseas, before rejoining the team permanently in late 2019. Alongside his work at Global-Roam, he has undertaken short-term contract roles as an analyst and researcher in various areas of the energy sector. Dan graduated from the Master of Sustainable Energy program at the University of Queensland in 2024.
Just as had been forecast, Tuesday 13th January 2009 saw hot, dry weather roll in across South Australia, and then into Victoria. The high temperatures caused demand to climb, but not to the level at which NEMMCO had forecast demand to climb over the summer period. As a result we saw the price in SA jump to a level near VOLL at 13:40, and remain there until about 18:00 (i.e. more than 4 hours).
The weather forecasts are alerting to the formation of an East Coast Low this week. The low is expected to sit just off the eastern cost of Australia, adjacent New South Wales.
The rich people of Elizabeth don’t seem concerned.