Because it was the focus of discussion and deliberation recently in the QUD19/2021 QLD Class Action, I thought it would be worth using a much more modern version of ez2view (i.e. v9.10.1.8 – released 5th December 2024) with the ‘Bids & Offers’ time-travelled back to show the bidding of all suppliers in QLD on 18th February 2016:
Click on the image to open in higher resolution in another tab.
In particular, the table on the right is focused on the 15:35 dispatch interval (NEM time) … which, remember way back then, was still under 30-minute settlement.
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 short examination of some of the over-arching factors at play yesterday evening – where prices spiked above $3,000/MWh in all five regions simultaneously.
Second article (on Tuesday 31st Jan 2023) looking forward towards a tight supply-demand balance forecast for the QLD region on Friday evening 3rd February 2023.
Our fourth article looking forward to this Friday afternoon (3rd February 2023) in the Queensland region, where successive AEMO STPASA forecast data is showing considerable variability about what peak demand might be for the QLD region (it *might*, if predictions turn into reality, smash the prior all-time record). Dan Lee looks into how the demand forecast has been evolving and what to watch for this Friday afternoon.
An initial review of some (wholesale) supply-side factors contributing to the extreme price volatility (and Reserve Trader etc) that occurred in the first week of February 2022 in the QLD region of the NEM.
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