With All Energy 2024 commencing this morning in Melbourne (and a number of the WattClarity team attending), here’s a short record of some morning volatility in the South Australian region – via a snapshot from NEMwatch at 07:35 on Wednesday 23rd October 2024:
There was also some volatility in South Australia yesterday afternoon (Tuesday 22nd October 2024), as we see in this record of price alerts delivered from a copy of NEMwatch (function also possible in ez2view and deSide®:
There’s much that can be observed in this picture, but no time to note in this article … but food for thought during the discussions at All Energy today and tomorrow. Will we see you there?
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.
A preliminary look at a number of events that happened today, leading to prices spiking to the Market Price Cap in a number of regions, Demand Side Response being very active, and trading desks being very busy.
Two weeks ago (Monday 17th February) a ‘temporary fix’ was put in place to reconnect SA with VIC following the transmission line outage that began on 31st January 2020. Well, we’ve islanded again today….
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