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.
Curiosity drove us to take this initial (and very quick) look at bidding behaviour, NEM-wide, across the past 14 days in relation to recent NEM-wide price volatility.
Also noteworthy on Sunday 1st October 2023 was a lower point for ‘minimum demand’ seen in South Australia … with ‘Market Demand’ down to -37MW and ‘Operational Demand’ down to 5MW (just above 0MW)
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