A short article this evening with a snapshot from the NEMwatch entry-level dashboard the 17:55 dispatch interval:
In this dispatch interval note that:
1) Spot price in QLD at $4,000/MWh, somewhat elevated in NSW … but quite low in the other three regions
2) Constraints on both QNI and Directlink forcing both interconnectors to export southwards (despite the price differential and ‘counter-price flows’).
3) Boosted by the additional demand being supplied by these exports, but also noting low Available Generation in QLD, an IRPM for the QLD-only ‘Economic Island’ formed as a result down at only 9%.
Note that the 18:00 dispatch interval shows prices up in both QLD and NSW:
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