The spot price has been bouncing around in South Australia this morning, such as captured in these SMS alerts (configurable in each of our NEMwatch, ez2view and deSide products) this morning:
Here’s a snapshot from NEMwatch at 11:50 (NEM time), so immediately after the last spike shown above:
This image gives some clues, but no time to elaborate…
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.
In our third guest authored post this week, Blake Ashton from SA Power Networks talks about the SA islanding event that occurred just over twelve months ago – how SAPN managed solar curtailment, and how their new ‘flexible exports’ option can address future challenges.
The day is not over yet, but we thought you would be interested in the attached snapshot highlighting the first of the occasions on the day when prices jumped to VOLL in SA and VIC as a result of searing temperatures stopping the tennis, and melting VIC and SA into new demand records for each region.
Fifth article for Monday 14th November 2022 … taking a quick initial look at the sequence of events immediately around the islanding in South Australia on Saturday 12th November 2022.
We’re seeing an increasing number of claims on social media along the lines of ‘South Australia exporting more than it imports’. Whilst that was true around 2019, it’s NOT been the case for a number of years.
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