Price volatility in NSW on Monday evening 20th May 2024
A short record of some evening volatility in NSW on Monday 20th May 2024.
Articles by Paul McArdle
Paul was one of the founders of Global-Roam in February 2000. He is currently the CEO of the company and the principal author of WattClarity. Writing for WattClarity has become a natural extension of his work in understanding the electricity market, enabling him to lead the team in developing better software for clients.
Before co-founding the company, Paul worked as a Mechanical Engineer for the Queensland Electricity Commission in the early 1990s. He also gained international experience in Japan, the United States, Canada, the UK, and Argentina as part of his ES Cornwall Memorial Scholarship.
Softening of LOR forecasts for NSW in ST PASA and P30
Since the update Saturday morning, the Market Notices (relating to forecast LOR* in NSW on [some day]) have continued ... here's an update.
Case Study of 14:15 on Thursday 22nd February 2024 (large collective under-performance across all Semi-Scheduled units)
In part 2 of a Case Study about Thursday 22nd February 2024 - specifically looking at Aggregate Dispatch Error across all Semi-Scheduled units (and in this part 2 looking just at 14:15).
Aggregate Dispatch Error across all Semi-Scheduled units (NEM-wide) throughout Thursday 22nd February 2024
Finding some time to make some progress in compiling GenInsights Quarterly Updates for 2024 Q1, here's a short Case Study of Thursday 22nd February 2024 (a day that saw significant collective under-performance of Semi-Scheduled...
Both Eraring 2 and Vales Point 6 will be offline for a few more days
An early afternoon look (Sat 18th May 2024) about the delays in return to service for the forced outages at two NSW coal units (Eraring unit 2 and Vales Point unit 6).
Saturday morning wrap of forecast LOR conditions in NSW
Following numerous Market Notices overnight pertaining to Forecast LOR2 (or LOR1) in NSW for a number of coming days, here's a summary on Saturday morning 18th May 2024 using 'Forecast Convergence' from ez2view.
Video, from CS Energy, of the installation of new turbine and generator stator at Callide C4
On Friday 17th May, CS Energy posted a video on YouTube showing a timelapse camera view of some of the repair process for Callide C4. This will be of interest to some WattClarity readers.
AEMO publishes MN116654 for ‘forecast LOR2’ in NSW for Sunday evening 19th May 2024
Another 'forecast LOR2' notice from AEMO ... this time looking at Sunday evening 19th may 2024.
Vales Point unit 6 trips offline on Friday 17th May 2024
A quick look at the trip of Vales Point unit 6 on Friday afternoon 17th May 2024.
AEMO ‘forecast LOR2’ for Monday morning 20th May 2024 currently growing tighter
An update (via Market Notice at 11:21) on the forecast LOR2 for NSW for Monday morning 20th May 2024.
Some yo-yo action in NSW baseload electricity futures
An update on LinkedIn by an electricity retail broker (Choice Energy) prompts this update on NSW electricity futures price movements.
MT PASA DUID Availability confirms Eraring unit 2 offline till Tuesday 21st May 2024
A new data update from AEMO confirms the suspicion that (based on current expectations) Eraring unit 2 is now offline until Tuesday 21st May 2024.
AEMO updates forecast for supply-demand balance on Monday morning 20th May 2024 … now forecast LOR2
Following several changes in the forecast for Monday morning 20th May 2024, the AEMO has issued a 'forecast LOR2' notice.
… but ER02 return to service hit a snag (Thu 16th May 2024) – now possibly out until Tue 21st May 2024
Yesterday afternoon (Thu 16th May) Eraring unit 2 commenced return to service. But it hit a snag that evening, came offline, and might be off for a few more days?
Eraring Unit 2 commences return-to-service startup, but ….
On Thursday afternoon 16th May 2024, Eraring unit 2 (after a 15-day outage due to a boiler tube leak) has commenced the return-to-service process.
Low wind conditions to persist, NEM-wide, for at least another week
Following an article yesterday about 'another challenging week for VRE NEM-wide, we take a quick look at forecasts for the coming 7 days and see low wind persisting.
News update in the AFR about Callide C
On Wednesday evening 15th May 2024, Anthony Macdonald published an update about Callide C4 in the AFR that's worth a read.
‘Another challenging week’ for VRE NEM-wide, beginning Wednesday 8th May 2024
Coincidentally today, David Osmond has posted about 'another challenging week' for VRE NEM-wide (a week beginning Wed 8th May 2024 - the day NSW hit the Cumulative Price Threshold).
So how much did Eraring Power Station supply, of the NSW electricity consumption, over 5 days to 11th May 2024?
Following a reminder in a phone call today, I've updated the date range in a NEMreview trend previously used in February to look at percentage of Underlying Demand in NSW supplied for each half...
Bruce Mountain’s commentary about Eraring (and the Energy Transition) is worth a read
Today (Wed 15th May 2024) Bruce Mountain writes an opinion piece in the Australian about the recent run of Administered Pricing in NSW, and what it means for the looming closure of Eraring and...