A brief record of volatility in NSW on Friday 3rd May 2024
A brief, belated record of a brief burst in volatility in NSW on Friday 3rd May 2024
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.
A brief record of volatility in NSW on Thursday 2nd May 2024
A brief, belated record of a brief burst in volatility in NSW on Thursday 2nd May 2024
The Grattan report ‘Keeping the lights on’ is worth a read
Enroute to Melbourne today for the EUAA National Conference starting tomorrow, I grabbed some flight time to have a quick read through the Grattan Institute’s latest offering – a 45-page report appropriately titled ‘Keeping the Lights on’: Quite topical that…
The Guardian writes about possible extension to Eraring ‘for as long as four years’
Given that we’ve taken an interest in what’s going to happen with the looming closure of Eraring Power Station, I thought it would be useful to our readers to highlight Peter Hannam’s article in the Guardian today about a (possibly soon) decision about an extension to service.
Updated trend of ‘ENERGY’ bids in red, green and blue
Last Tuesday 23rd April 2024 I spoke with an audience organised by BofA Securities with respect to ‘Risk, Uncertainty and Volatility in the energy transition’. Here’s one illustration of why the spread of spot prices in the NEM has been increasing in recent years.
Simshauser/Gilmore Working Paper speaks to challenges for gas-fired firming
A short article this morning to note about a Working Paper from CAEEPR that touches on important (and not well understood?) aspects of this energy transition, as it relates to Firming Capacity requirements.
Brief Case Study of Sunday 4th February 2024, with low IRPM following high Market Demand
A quick look at the low point for NEM-wide IRPM on Sunday evening 4th February 2024.
More unplanned outages than would be desired, at YWPS3, since the Planned Major Outage
Yallourn unit 1 has just come offline for its Major Planned ‘performance improvement’ outage – but coincident with that, Yallourn unit 3 is suffering from a run of forced outages.
Yallourn unit 1 comes offline for the ‘performance improvement’ planned outage
A short article to mark the start of the long planned outage for Yallourn unit 1, which is aimed (at least in part) at improving the performance of the unit following 2022.
Murraylink back in service, from Friday 19th April 2024
Murraylink had been offline on an outage, but returned to service on Friday 19th April 2024
NEM-wide wind generation above 6,000MW for the first time in ~3 weeks
A short article capturing how NEM-wide wind production rose above 6,000MW briefly in the morning of Tue 23rd April 2024 … first time since the afternoon of Tue 2nd April 2024.
Presentation to BofA Securities audience about Risk, Uncertainty and Volatility in the energy transition
Today we spoke to an audience organised by BofA Securities about Risk, Uncertainty and hence Volatility in the energy transition.
AEMO’s Quarterly Energy Dynamics (QEC) for 2024 Q1 … second in the triptych
Five days after the AER released its quarterly review, the AEMO has released its Quarterly Energy Dynamics for 2024 Q1 … as the second leg of the triptych of detailed quarterly reviews.
A precis of the ‘Exploring Wind Diversity’ analysis completed in Appendix 27 of GenInsights21
Almost 2.5 years since we released GenInsights21, today we’re publishing this article that contains a precis of the analysis included as Appendix 27 under the title ‘Exploring Wind Diversity’.
AER Wholesale Markets Quarterly published for 2024 Q1 … first in the triptych
On Thu 18th April 2024 the AER released its review of 2024 Q1.
The wind is back … some days earlier than suggested in AEMO’s older forecasts
A short note (on Thursday morning 18th April 2024) about how (and some questions why) aggregate wind farm production in the NEM is back, earlier than initially forecast.
Brief Case Study of low aggregate VRE (Wind + Large Solar) on Saturday 13th April 2024 … Part 1?
Taking a quick look at the dispatch interval through this period of low aggregate wind harvest that also saw lowest aggregate VRE (Wind + Large Solar).
Has the wind lull of early 2024 Q2 spooked the futures market?
A quick look at how the current spell of low wind production has coincided with (and contributed to) a rise in futures prices.
Updated long-range trend of aggregate wind production statistics
An accompanying article, to update this trend of long-range production statistics for all wind farms (aggregated) across the NEM.
NEM-wide wind lull stretches extends to a full week (Tue 16th April 2024), and has another week to go!
A quick look at a period of low wind harvest across the NEM in April 2024 that’s already stretched ~7 days and looks like it might have more days to come …