One of 12 articles on the months past in the NEM. For January we revisit events such as the fires at Moomba in 2004 (which curtailed gas supplies from central Australia); and the blackout on 16th January 2007 which drove the price to VOLL in Victoria.
A month by month view of the history of the NEM.
High temperatures in Queensland drive demand up on New Year’s Eve.
An overview of the estimates to date for the peak demand guessing competition of summer 2008-2009.
Collected articles on the notable events of the summer of 2008-2009.
A brief analysis of NEM-wide demand and IRPM during the summer months over the past 4 years.
Guess the peak demand for summer 2008-2009 and win a “Beefmaster Premium 6 on Side Burner Cart” barbeque.
We did not run the competition for summer 2007-08, but we did have, however, some occasions to perform analysis of summer 2007-08.
The results of the peak demand forecasting competition for summer 2006-2007.
The great bi-annual peak demand forecasting competition. Prove your forecasting prowess and you could win a great seasonal prize!
The results of the peak demand forecasting competition for summer 2005-2006.
A Market Event Report has been published on the NEMMCO website discussing the market outcomes of the high energy prices in the New South Wales and Queensland regions on Friday, 31 October 2008.
Reflections on the life of the NEM – where we’ve come from and where we are headed.
This is just a short note to reflect on the fact that the NEM will be 10 years old tomorrow. All together now, “Happy Birthday to you…”
On 13th November, NEMMCO released the final version of its report into the Power System Incident “Unplanned Outages of HWTS-LYPS line on 23 July 2008”
It was with interest that we stumbled on this article in the Herald newspaper talking about what happened on the 31st October in NSW
A tight supply/demand balance in NSW on the 31st October, exacerbated by transmission constraints into the region led to sustained higher prices in NSW.
An illuminating view of the NEM during the high NSW prices on 31st October 2008, illustrated with screenshots and a dynamic video from the new NEM-Watch v8.
It appears that we spoke too soon when we mentioned on the 22nd July that winter 2008 had been relatively uneventful.
Just over 24 hours from making these comments, we saw prices jump sky-high in the mainland regions, and go the other way (to the negative price cap) in Tasmania.
As we have the time, we’ll provide some commentary here about the methods used by the various bodies for “long term” (which in the NEM means 10-years, typically) forecasting. Where they don’t fit elsewhere, we’ll also put articles here looking…