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.
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.
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.
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.
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.
Earlier LOR conditions forecast for SA this morning did not eventuate to an actual, but the region was hit with a short run of price spikes.
A brief summary of how the LOR forecast for South Australia tomorrow evening (and later in the week) has evolved throughout today.
Liddell Unit 1 ramped down it’s output to 0MW at roughly 10:30am this morning, signaling the full retirement of Liddell Power Station.
A short article to note that the AEMO released it’s QED for Q1 2023 this morning, and a list of the early media coverage.
In the fourth instalment of this ongoing case study, Dan Lee maps the locations and contributions of the semi-scheduled units that contributed to the +861MW Aggregate Raw Off-Target that occurred on the afternoon of October 27th 2022.
A short note to mark the Reliability Panel’s annual review of market performance which covers system reliability, security, and safety over the 2021-22 FY – which includes the June 2022 market suspension.
A just-announced AEMO market notice has declared a temporary suspension of the NSW market.
Following last night’s market volatility, QLD’s total demand is currently forecast to go beyond its highest recorded point.
A short article to note the AEMO’s release of the 2023 GSOO today and the subsequent media coverage.
Dan Lee explains why capacity factor could be becoming an increasingly less useful measure for comparing how different solar farms are performing and begins an exploration into some of the factors in play when trying to conduct more comprehensive analysis into generator performance.
Dan Lee provides this write-up of a recent study tour to Timor-Leste and reflects on lessons learned about how the transition is affecting developing nations.
Dan Lee tracks the demand forecasts against the actual outcome in QLD last Friday afternoon. The final result was as much as ∼1,000MW lower than the maximum forecast of demand published by the AEMO, which alludes to the inherent difficulty of electricity market forecasting.
With demand beginning to rise sharply output at Queensland’s four wind farms has been muted so far this afternoon.
The RERT has been dispatched for 5:30PM this afternoon in Queensland
QLD may be down 200MW of available generation with record demand currently being forecast for late this afternoon.