Worth a short article with this NEMwatch snapshot at 07:50 to mark some price action this morning:
Note three other things as well:
1) The current state of the Cumulative Price in each of the regions:
(a) Lowest in QLD (just over $700,000/MWh) and highest in VIC (over $850,000/MWh)
(b) So all on the way to the Cumulative Price Threshold.
2) See a temporary dip in ‘Market Demand’ in Victoria from 07:05 (7,410MW) to 07:10 (7,091MW)
… so down 319MW
3) See also the NEM-wide ‘Market Demand’ peaking above 30,500MW this morning
… highest 30,784MW at 07:30
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