Paul was one of the founders of Global-Roam in February 2000. He is currently the CEO of the company and the principal author of WattClarity. Writing for WattClarity has become a natural extension of his work in understanding the electricity market, enabling him to lead the team in developing better software for clients.
Before co-founding the company, Paul worked as a Mechanical Engineer for the Queensland Electricity Commission in the early 1990s. He also gained international experience in Japan, the United States, Canada, the UK, and Argentina as part of his ES Cornwall Memorial Scholarship.
On the 4th of February at around 11am energy users in NSW appear to have curtailed their load in response to high prices, resulting in a significant drop in demand. Simultaneously, network conditions and generator rebidding caused the NSW pool price to jump back and forth between extreme prices close to VOLL ($10,000/MWh) and the Market Floor Price (-$1,000/MWh).
On a day when high temperatures drove demand in Victoria above 9,000MW (and NEM-wide demand above 30,000MW) we saw some price volatility – with prices in VIC and SA up around $14,000/MWh
Why are we investing significant time in completing this review of what was remarkable price volatility in QLD over summer? We’re primarily a software company that develops shrink-wrapped products used by about 100 market participants, spectators and commentators.
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