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:
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.
Because we’ll be referring back to it in future, we’ve lifted out Figure 8 from the MASS version 8 (p36/39) and included it here in this belated (and back-dated) article
Guest author Allan O’Neil examines some recent episodes of price volatility (particularly 30th July to 5th August 2024) and whether they were driven by a shortage of supply, or other factors.
The volatility that has been with us for weeks now (particularly QLD and NSW), and the dramas unfolding at Callide power station, prompted me to have a broader look at the availability of black coal plant across QLD and NSW, and compare this to prior Q2 periods.
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