Just like yesterday evening, this post is a short one, mainly for record keeping purposes – as it’s worth noting that spot prices in QLD and NSW climbed above $1,000/MWh late this afternoon.
Between the 17:30 and 18:00 dispatch intervals, prices briefly hovered over this mark. I was notified about this via my configured SMS alarms from ez2view, shown below.
Dan is a Market Analyst, who joined Global-Roam in June 2013.
He departed (and returned) for a couple of brief stints overseas, before rejoining the team permanently in late 2019. Alongside his work at Global-Roam, he has undertaken short-term contract roles as an analyst and researcher in various areas of the energy sector. Dan graduated from the Master of Sustainable Energy program at the University of Queensland in 2024.
Guest author Carl Daley from EnergyByte provides this summary of record-setting spot price outcomes throughout April. Carl also looks at how generator outages, rising global LNG and thermal coal prices, and other factors are putting pressure on spot prices.
We’ll explore ‘what’s changed?’ more in subsequent articles – but in this article just want to flag the Market Notice updates around 05:00 (NEM time) this morning with forecast load shedding for Monday and Tuesday next week growing more extreme …
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