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.
Have fielded some questions recently, so thought it easiest to include this snapshot from ez2view ‘Bids and Offers’ widget looking back over the past week from now and filtered down specifically to Snowy Hydro’s Valley Power peaking facility in the…
More time has elapsed since ‘Part 3’ on 24th March – today I’m posting a shorter piece (Part 4) that explains how RHS of the ‘Q>>NIL_CLWU_RGLC’ constraint equation drove down output and led to the price spike on Sunday 24th January 2021.
A brief but unexpected spike to the market cap in NSW in middle of today has prompted a closer look at the rapid demand jump, counter-price flows and binding constraints that shaped the outcome.
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