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:
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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.
Now making it 5 out of the past 6 years, we return to the analysis of electricity (spot and futures) pricing patterns for Q2 periods across the NEM regions … and also in Western Australia. We see a number of ways in which Q2 2021 was ‘anything but boring’!
A short note at a ‘new normal’ condition that we can expect to see increasingly in NEM regions (including QLD) as rooftop PV continues to grow in scale.
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