After last night’s blast of high prices in SA, we’ve seen several price spikes in the region late this afternoon. The highest spike so far occurred during the 15:45 dispatch interval where the RRP hit $9,899.50/MWh.
Price spikes in SA this afternoon, as at 6pm NEM time.
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.
A quick look back at Thu 29th Feb 2024 – a day where afternoon (congestion-based) curtailment of Large Solar in NSW exacerbated the tight supply-demand balance and spot price volatility.
Just over 24 hours from making these comments, we saw prices jump sky-high in the mainland regions, and go the other way (to the negative price cap) in Tasmania.
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