Next blast of volatility–on Thursday evening 12th June 2025

Yesterday evening (Wednesday 11th June 2025) was a period of tight supply-demand balance, hence volatility – and so we’ve already provided this ‘Brief summary of outcomes (Price, Demand and IRPM) for Wednesday evening 11th June 2025’, and have followed with a couple more articles (with more to come still).

So adding to the mix is this snapshot from NEMwatch at 17:40 (NEM time) on the following evening (Thursday 12th June 2025):

2025-06-12-at-17-40-NEMwatch

Looks to be some similar conditions as yesterday evening … but with higher prices reached.

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.

1 Comment on "Next blast of volatility–on Thursday evening 12th June 2025"

  1. Certainly expensive in Victoria, after a cool cloudless day, those with home batteries and wholesale pricing must be making a mint.

    In terms of generation, hydro is at 5.4GW batteries are at 1.3GW, wind is just above 900MW. However brown coal appears to be lacking. Unit 3 at YWPS is out of service and Unit 4 shut down mid afternoon. Unit 1 at Loy Yang A is also out of service, while unit 4 is operating below normal capacity since mid afternoon. Both units at Loy Yang B have also dropped in output coincident with the high prices, which they also did yesterday. Cannot think of a physical reason to be down by 30% in mild conditions, perhaps there is a financial or FCAS reason?

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