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

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.


About the Author

Paul McArdle
One of three founders of Global-Roam back in 2000, Paul has been CEO of the company since that time. As an author on WattClarity, Paul's focus has been to help make the electricity market more understandable.

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