This is the lowest I can remember seeing the STTM gas price at the Brisbane hub!
Articles by Paul McArdle
Spot prices in the doldrums with low demand and high production from wind and gas.
After spending a day looking into the future (at prospective generation developments) I noted this reverse correlation between wind and volatility that’s been occurring over the week.
Elevated prices persist this morning in Victoria, South Australia and Tasmania
Prices plunge on the day the Carbon Tax is repealed
Reduced export capability over QNI south contributed to the low prices seen last week.
A further look at bidding behaviour (this time in Queensland) and the extent to which this is contributing to low prices
Have generators already removed the carbon tax from their bids, in July 2014 – and is this the reason why we observed prices plunging on 1st July?
Demand plunges in Queensland during the day – dragging prices down with it.
An interesting half-hour this morning in the NEM
With the repeal of the carbon tax looking more likely, and July 1st only just around the corner, someone asked today if we could calculate what the spot price might be without carbon.
Several windy days raises wind farm outputs to the maximum which (along with other factors) suppress the spot market price
Some worked examples of how several forms of Demand Response (including the proposed new Demand Response Mechanism) might impact wholesale prices, and participant positions.
Hopefully not an omen of what is to come tomorrow night…
Some thoughts about the structure of FERC Order 745, and the arguments for & against setting it aside the in the US Court of Appeals – and the relevance for the Australian National Electricity Market
We play an active role in facilitating the Demand Response of large energy users, such that they can assist in making the electricity market more efficient.
Some thoughts about solar PV, and energy efficiency, and the effects they seem to be producing at home.
A collection of articles we write to record and explore some of the events and outcomes we see occurring through winter 2014.
My curiosity was piqued today when I saw the AEMO had lobbed in a Market Notice titled “Zero Regulation Dispatched”.
Some assorted thoughts about the RET, and the RET Review process currently underway