Following a conversation with one journalist yesterday, and a tweet from another journalist, here’s an updated trend of NSW ‘baseload’ futures contract prices for 12 x quarters.
Looking back 4 days (including Wed 8th May 2024) at NSW gas-fired generator bidding.
Looking back 4 days (including Wed 8th May 2024) at NSW large-scale battery generator bidding.
Looking back 4 days (including Wed 8th May 2024) at NSW wind farm generator bidding.
Looking back 4 days (including Wed 8th May 2024) at NSW coal-fired generator bidding.
The ‘N::N_CTYS_2’ constraint equation (invoked due to a network outage on the Collector to Yass (3L) line) was one of the constraint equations material in volatile price outcomes in NSW on Tue 7th May 2024 and Wed 8th May 2024.
It’s Thursday evening 9th may 2024 and (almost exactly a week since it came offline) Eraring Unit 3 has commenced return-to-service after repairing a boiler tube leak.
A short record of Thursday evening 9th May 2024, with NSW under Administered Pricing.
With questions mounting up (internally and externally) about Wed 8th May 2024 in NSW, we take a quick first look at bids – using the ez2view ‘Bids & Offers’ widget looking back 30 days at an aggregate level.
At 19:55 (NEM time) on Wednesday 8th May 2024, the NSW region commenced Administered Pricing for ENERGY and 10 x FCAS commodities, following a rapid spell of spot price volatility.
On Tuesday 30th April 2024 we reported of rumours about possible extension to Eraring Power Stations. In the 8 days that have followed since that update several things have happened. In this article we provide an update.
Blasting past 3 hours this afternoon/evening (and still counting), the run of spot price volatility in NSW drives the Cumulative Price up towards the CPT. Will it break the cap this evening, or tomorrow?
At 14:05 on Wednesday 8th May 2024 it looks like NSW might see more spot price volatility this evening.
Following Wednesday morning’s volatility in NSW (8th May 2024), middle-of-the-day prices have remained somewhat elevated.
Two news articles in recent days in the Australian (with respect to Federal Court deliberations about Callide C4) prompt this latest article.
On Wed 1st and Thu 2nd May 2024 I appreciated the opportunity to participate in the EUAA National Conference for 2024. Here’s the start of some reflections.
Following Tuesday evening’s volatility in NSW, the next morning around sunrise saw a second bout of volatility.
A second article providing some more detail on the spot price volatility in NSW on Tuesday evening 7th May 2024
A brief, belated record of a brief burst in volatility in NSW on Friday 3rd May 2024
A brief, belated record of a brief burst in volatility in NSW on Thursday 2nd May 2024