A quick look at spikes of Contingency Raise FCAS price in QLD on 9th, 10th and 11th October 2024

Posted by Paul McArdleMonday 9th December 2024  9:27 AM   Topic: 2024-10-09, 2024-10-10, 2024-10-11

Apologies in advance to most readers for what will be a somewhat cryptic article that won’t be followed up with more detail.

We’ve been contacted by a client asking about an event in Queensland in mid October 2024 (spanning Wednesday 9th October 2024, Thursday 10th October 2024, Friday 11th October 2024) and it will be easiest for us to post this here and then

 

Volatility in Contingency Raise

In the following two charts (prepared with the ‘Trends Engine’ within ez2view) we see some volatility in two of the four ‘Contingency Raise’ commodities … firstly Raise 6 second:

2024-12-09-ez2view-Trends-Review-FCAS-R6sec-QLD-October

… and secondly Raise 60-second:

2024-12-09-ez2view-Trends-Review-FCAS-R60sec-QLD-October

Food for thought…

 

A reminder

Readers are reminded that the WattClarity® Glossary Page for FCAS contains useful information, and links to other relevant content.

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About the Author

Paul McArdle
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.

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