Whiplash abated … market oscillations stopped on Wednesday afternoon 12th February 2025

This morning we wrote about ‘Whiplash from yo-yo-ing prices (and hence targets etc) on Wednesday morning 12th February 2025’ and specifically noted a suspicion that two constraint equations (and one in particular) in the recently created ‘N-BU_330_TX_ONE’ constraint set might be one of the contributing factors.

So as a happy update, we note with this updated snapshot from the ‘Constraint Dashboard’ widget in ez2view at the 15:20 dispatch interval, we note that the oscillations have ceased from around 13:58:12 (NEM time) this afternoon:

2025-02-12-at-15-20-ez2view-ConstraintDashboard-NBUTXTX78

Again we have:

1)  Two copies of the ‘Constraint Dashboard’ widget top and bottom:

(a)  The ‘N>>BU_TX_TX78_ML_LV’ constraint equation at the top

… this is the one that had been intermittently binding

(b)  The ‘N>>BU_TX_TX78_ML_HV’ constraint equation at the bottom.

2)  Looking just at the ‘N>>BU_TX_TX78_ML_LV’ constraint equation (i.e. the one that was intermittently binding) but at the RHS via the ‘Plain English Translation’ tab (albeit over 2 copies side-by-side to allow visibility of two important things, we see:

(a)  There’s now an updated version of the RHS been released today … roughly at 13:MM (NEM time) this afternoon

(b)  In this update, the rogue 3rd Murraylink term (noted in red in the first article), has been removed:

2025-02-12-at-15-35-ez2view-ConstraintDashboard-NBUTXTX78-RHS


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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