Is the price right? A historical exploration into the NEM’s price cap
Dan dives into the history of the NEM’s market cap and explores how high-end prices contribute to regional settlement costs and cap payouts.
Articles by Dan Lee
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.
Submissions from the initial consultation of the Nelson Review made public
All public submissions from the initial consultation stage of the Nelson Review are now available on the DCCEEW website.
Four days in the NEM in four minutes
Dan shares a short time-lapse video which demonstrates four days worth of activity in the NEM, highlighting the impact of network congestion in QLD and NSW.
Prices in QLD and NSW rise into the four digit mark on Thu 10th Apr 2025
Elevated prices struck QLD and NSW for the fourth night in a row - with spot prices climbing above the $1,000MWh mark briefly this afternoon.
Short burst of high prices in QLD and NSW on Wed 9th Apr 2025
A string of SMS alarms alerts us to another burst of high prices in the two northern regions, early this evening
Three themes from the Energy Storage Summit 2025
Dan provides a brief write-up of his notes from attending the Australian Energy Storage Summit in Sydney last week.
The state-of-charge for 2024: The highs and lows of the big battery boom
Following on from a similar review this time last year, Dan provides an updated look at the economics and performances within the NEM's big battery fleet, making use of our recently released GSD2024.
Keeping up with the curtailment 2024: A little? too much? or much ado about nothing?
Drawing from our freshly released GSD2024, Dan provides some deeper insights into curtailment in the NEM, beyond the headline totals that were a topic of much online discussion earlier this week.
North Queensland braces for more heavy rainfall, as 9,000+ customers experiencing power outages overnight due to flooding
A summary of the current extreme weather being experienced in North Queensland, and related impacts we've seen on electricity demand, generation and the transmission network in the area.
Interconnector intricacies: double and triple auto-clamping of pesky negative residues
Dan looks at some recent and peculiar auto-clamping behaviour of interconnectors, and walks through the market arrangements causing these occurrences.
Another quick look at demand forecasts in QLD for this Friday, 24th Jan 2025
Dan shares an updated look at our forecast convergence widget for this coming Friday afternoon, in light of the record breaking demand in the region earlier this evening.
Ausgrid report that 140,000 customers in NSW were impacted or lost power last night Jan 15th 2025 .. Part 7
Ausgrid have published a statement this morning that 140,000 customers and 50,000 homes and business either lost power or had their electricity impacted during yesterday's thunderstorms in NSW.
Embankment rebuild completed at Barron Gorge Hydro Power Station, twelve months after Cyclone Jasper
A recent update from CleanCo indicates the repair works on the embankment at Kuranda Weir, located upstream of the Barron Gorge Hydro Power Station, have been completed. This comes twelve months after significant damage...
What you might have missed on WattClarity this year: NEM wrapped 2024
Dan provides his annual end-of-year review of our WattClarity coverage throughout 2024.
Actual LOR1 eventuates in NSW on Tue afternoon 17th Dec 2024
Market Notice #122113 states that an actual LOR1 condition has eventuated in NSW, with prices and demand still fluctuating in the region at the time of writing.
Locations of last week’s CIS winners vs known areas of congestion
After a suggestion from a reader, Dan plots the locations of the 19 winning CIS projects announced last week against economic and network curtailment data.
NEM-wide market demand indeed peaks at a four-year high on Monday afternoon, 16th Dec 2024
NEM-wide market demand peaked at a four-year high on Monday afternoon, landing at 33,674 MW during the 17:30 dispatch interval.
Standalone solar and wind dominate list of 19 successful projects from latest CIS tender
Nineteen projects were announced as winners in the government's CIS announcement yesterday - including seven standalone solar farms and six standalone wind farms.
Submissions open today for the ‘Nelson Review’ into the NEM
The recently announced 'Nelson Review' has opened the initial consultation process from today. Submissions will be open until the 14th of February 2025.
High prices in NSW eventuate early, and briefly, on Tue 3rd Dec 2024 as Collector-Marulan 330kV outage invoked
High prices eventuate slightly earlier than was earlier predicted, coinciding with the ‘N-CTMN_4_WG_CLOSE’ constraint set starting invocation today.