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.
Carl Daley of EnergyByte, examines recent energy and gas price volatility, leading to the conclusion that the May to July period in QLD and NSW has been the biggest shock to the spot market in history, and the forward price movements are rivalling the record setting year of 2007.
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