AEMO releases report on Market Suspension during June 2022
On Thursday 18th August 2022 the AEMO has released its report into the Market Suspension during June 2022. Will make for interesting reading …
Articles by Paul McArdle
One of three founders of Global-Roam back in 2000, Paul has been CEO of the company since that time.
As an author on WattClarity, Paul's focus has been to help make the electricity market more understandable.
AEMO released Compensation Update for June 2022 events
A short note flagging AEMO’s publication (dated 15th August 2022) about compensation payments for the June 2022 events.
Case Study of Wednesday 10th August 2022 – Part 1 (Response of Wind Farms)
Walking through some of the responses I can see in 19 of 67 Wind Farm units on Wednesday 10th August 2022 … when a software glitch delivered extreme contingency FCAS prices across all regions (though they were subsequently revised down).
QLD minimum demand drops lower still on Sunday 14th August 2022
A short note on Sunday 14th August 2022 with electricity demand in QLD hitting new low points.
Load shedding *briefly* forecast for South Australia on Monday evening 15th August 2022
Another interesting development (briefly) on Wed 10th August was forecast load shedding for South Australia on Monday 15th August 2022
Market volatility on Wednesday 10th August 2022 (incl FCAS prices going haywire) – Failure of Market Systems?
A short initial article to flag market volatility on Wednesday 10th August 2022 which sees ENERGY prices elevated (particularly TAS) and also Contingency FCAS prices at MPC
New lowest point for QLD ‘Market Demand’ on Sunday 7th August … excluding outages
QLD ‘Market Demand’ is dropping past prior low point (excluding 25th May 2021 with the loss of load).
All time record for wind production, NEM-wide, ratchets further on Thursday 4th August 2022
The ‘all time maximum wind production’ record has been increased again (actually twice) during this windy spell.
Today’s presentation to CEC’s Market & Grid Directorate
On Monday 1st August 2022 we provided a presentation to the CEC’s Market & Grid Directorate
AEMO Quarterly Energy Dynamics (QED) released for Q2 2022
The AEMO publishes its Quarterly Energy Dynamics (QED) every quarter, but on many occasions we don’t note it here on WattClarity®. In this instance, we thought it was worth a direct reference for our readers here – you can access…
AEMO QED highlights (at least) Eight Factors contributing to extreme price outcomes in Q2 2022
On Friday morning 29th July 2022 the AEMO is releasing its ‘Quarterly Energy Dynamics’ for Q2 2022 – I’ve flipped through an embargoed copy and have highlighted here eight different factors flagged by AEMO that have each contributed to the extreme price outcomes seen through Q2 2022. There are probably others noted as well….
Spot price volatility in South Australia Thursday morning 28th July – second morning in a row
A quick record of some morning volatility in South Australia before the sun rises (second morning in a row)
Non-credible contingency event (and ~40MW loss of load) in country NSW early this morning
A short article about loss of supply to customers in western NSW (in the ‘West Murray’ area) early Monday morning, and and tripping of a number of generation and other plant.
Gas supply constraints spill into the NEM – two Victorian gas-fired generators directed offline
AEMO has directed two gas-fired generators in Victoria offline due to suspected gas supply limitations.
AEMO’s ‘Threat to System Security’ in the gas market in relation to Iona storage levels
AEMO issues another ‘Threat to System Security’ notice for the gas market … which might flow through to electricity.
New all-time record for wind output, NEM-wide on Saturday 16th July 2022
Saturday evening saw a new all-time record for aggregate wind farm production across the NEM.
Price volatility on Monday evening 11th July with ‘Market Demand’ near 31,000MW
A quick record of spot price volatility on Monday evening, 11th July 2022.
File creation times for P5MIN drop, prior to the end of the Market Suspension
Now that we’re past Market Suspension, we take a look back and see file creation latency improve prior to the end of Market Suspension.
AEMC published update on Compensation Claims under APC
On 4th July the AEMC published their second ‘Notice of Receipt of Claims’ with respect to compensation under the Administered Pricing period in June 2022.
AER published ‘Semi-Scheduled Generator Compliance Bulletin and Checklist’
A short article about the AER’s publication (on 1st July 2022) of some updated information to help Semi-Scheduled generators understand their obligations.