But it’s worth separately (and explicitly) calling out the building pressure we’ve been observing in the LOWER1SEC FCAS (i.e. FFR) market in South Australia across the past ~50 days, illustrated quite well in this trend of Cumulative Price for that commodity in South Australia:
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.
One of 12 articles on the months past in the NEM – covering notable events of March, such as the unforgettable South Australian heatwave of 2008 which caused the Cumulative Price to reach the Cumulative Price Threshold for the first time in our memory.
Yesterday (Tuesday 13th May 2025) we quickly noted a period of volatility that was mainly focused on the NSW region. Here’s a second step in understanding contributing factors…
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