Unpicking the generation mix in QLD over the past four days
A quick summary of the bids/offers for each of the generation fuel types in QLD, as we examine the market conditions over the past four days.
Articles by Dan Lee
Dan Lee first started at Global-Roam in June 2013. He has departed (and returned) for a couple of stints overseas in that time, but rejoined our team permanently in late 2019.
More recently, Dan's focus has been on growing his understanding of the market and developing his analytical capabilities. He is currently enrolled in the Master of Sustainable Energy program at the University of Queensland.
CleanCo’s CEO Tom Metcalfe provides an update on outage at Barron Gorge Hydro Power Station
The CleanCo CEO last week participated in a radio interview in which he provided details and a progress update on the long-term outage at Barron Gorge Hydro Station, which was caused by excessive flooding from Cycle Jasper last month.
The early wind farms reaching 20 years: how are they performing?
With Challicum Hills Wind Farm recently celebrating its 20th anniversary, Dan Lee takes a look into the long-term trend of technical and commercial performance of the oldest wind farms in the NEM.
Barron Gorge Hydro Station damaged and offline after flooding from Cyclone Japser in North Queensland
Flooding from Cyclone Jasper has damaged part of the Barron Gorge Hydro Power Station in North Queensland, forcing its units offline until further assessment and repairs.
RERT negotiations commenced in NSW by AEMO on Thursday 14th December 2023
A short post to note that the AEMO have published a market notice stating an intention to commence RERT negotiations in NSW.
A quick look at forecasts for available wind generation in NSW for this evening 14th December 2023
A quick look at Semi-Scheduled Wind UIGF forecasts for this evening, where tight supply-demand is expected in NSW.
AEMO requests generator recall information in NSW and QLD for this Thursday 14th December 2023
Two AEMO market notices late this morning suggest that NSW and QLD are in for tight supply-demand later this week, with an LOR2 condition currently forecast in the former.
Sydney forecast to become ‘island of extreme heat’ tomorrow Saturday 9th of December 2023
A short note following a post from Ben Domensino warning of 40+ degree weather in the Sydney metropolitan area tomorrow.
Run of extreme prices in the SA region on Friday 8th December 2023
Prices in SA have spiked to close to the market cap and remained elevated, following the invocation of the ‘I-VS_250’ constraint set due to extreme weather conditions.
Case Study (Part 2) of Low % VRE NEM-wide on 3rd and 4th July 2023
The second part of an ongoing case study examining two successive days of low VRE generation in early July 2023. This part examines IRPM, earlier forecasts of available generation and maps the availability by site location.
Thunderstorms in South Australia impact ~30,000 electricity customers on Tuesday 28th November 2023
Thunderstorms impacted parts of South Australia electricity system in the early hours of Tuesday morning, with two syncons tripping and around 30,000 customers experiencing outages.
Federal Government announces expansion of the Capacity Investment Scheme on 23rd November 2023
Energy Minster Chris Bowen has announced that the existing Capacity Investment Scheme will be greatly expanded. This article provides a summary of industry responses, news articles and social media commentary in regards to the policy announcement.
AEMO holds 2023-24 Summer Readiness Briefing on November 13th 2023
On Monday the AEMO held their annual Summer Readiness Briefing for Summer 2023/24. Meanwhile, the ABC are reporting that the current El Nino has reached ‘strong intensity’.
Bigger or better: Are newer wind farms outperforming older ones?
Dan Lee looks at twenty years of capacity factors for wind farms to see if they are improving in line with recent discussion and long-term modelling assumptions.
Cumulative price in SA goes negative on October 26th 2023
In a rare occurrence (and perhaps a sign of the times), we noted that the cumulative price in SA turned negative yesterday afternoon.
AER release ‘State of the Energy Market’ report for 2023
Today the Australian Energy Regulator released its annual ‘State of the Energy Market’ report that highlighted rising retail prices and a higher concentration of flexible generation asset ownership.
Long or short on storage? A look into price signals for duration
Dan Lee looks into utility-scale storage in Queensland – including the need for megawatt-hours, the state of the build-out, and the current market price signal for duration.
After the storm: Looking at Q2 2023 price trends, one year on from an Energy Crisis
One year on from a market-wide suspension, Dan Lee provides a review of Q2 prices for 2023 so that we can examine some of the longer-term price trends.
From the outside looking in: Checking back in with the NEM via Australian Energy Week 2023 coverage
After having had an extended break abroad, the coverage from last week’s AEW event provided a unique opportunity to check back in with the energy market from an outsider’s perspective.
NEM-wide wind production record broken twice last weekend. New record as of Sunday 25th of June 2023
It appears that the NEM-wide wind production record was broken again, and then again, over the weekend. A quick look at wind output for each region to see the contribution.