It’s all happening – Intervention, Directions, Reserve Trader, etc…
Here's just a couple of the strange things that are going on in the NEM this afternoon ... particularly in QLD and NSW
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.
Yo-yo pricing in NSW today, and in QLD
Some 'interesting' price outcomes seen today in NSW and QLD.
After a hiatus, Queensland demand starts rocketing back upwards late afternoon Tuesday 1st February 2022
Queensland 'Market Demand' is almost at 9,500MW at 16:35 - after retreating temporarily in the early afternoon.
Tarong unit 2 trips on Tuesday afternoon (1st February 2022)
Adding into the tight supply-demand dynamic, the coal-fired unit Tarong unit 2 tripped this afternoon.
Calls for restraint on electricity use in QLD on Tuesday 1st February 2022
The calls for restraint on energy use are an understandable step, given the very tight supply-demand balance.
Reserve Trader dispatched in QLD from 17:00 on Tuesday 1st February 2022
The AEMO has activated/dispatched Reserve Trader for later this afternoon/evening in the QLD region - beginning at 17:00 NEM time
Load Shedding (a.k.a. LOR3) forecast for QLD on Wednesday evening 2nd February 2022
AEMO forecasts possible load shedding on Wednesday evening, 2nd February 2022
AEMO commences Reserve Trader negotiations for NSW Region today (Tue 1st Feb 2022)
Third article already today ... this one about AEMO and Reserve Trader in the NSW region.
Why is QLD short of generation capacity, on Tuesday 1st February 2022?
A quick look at the coal units that are currently offline today in the QLD region, in the lead-up to the tight supply-demand balance.
QLD’s forecast LOR3 (Load Shedding) cancelled for today (Tue 1st Feb) – then reinstated, then escalated
A short morning article, looking forwards to this evening's forecast tight supply/demand balance (and possible load shedding) in the QLD region.
AEMO to commence RERT (i.e. Reserve Trader) negotiations in QLD for Tuesday 1st February 2022
... and as a result of the forecast LOR3 tomorrow in QLD (Tue 1st Feb 2022), AEMO is commencing Reserve Trader negotiations.
AEMO forecasts *possible* load shedding in QLD on Tuesday 1st February 2022
Hot on the heels of Monday evening's volatility, the AEMO has forecast LOR3 Low Reserve Condition (i.e. load shedding) might be possible in QLD on Tuesday evening.
Price volatility (and low IRPM) on Monday 31st January 2022 – in QLD, VIC, SA (a first initial review)
A short (and first) look at some of the market activity on a volatile evening in several regions - SA and VIC, and with QLD joining the fray...
Price volatility in the QLD region on Sunday evening, 30th January 2022
A short article about some evening volatility in the QLD region on Sunday 30th January 2022.
Forecast ‘Market Demand’ in Queensland on Wednesday 2nd February now up at 9,929MW at 17:30
AEMO now asking for 'Generator Recall Information' for generators in NSW with LOR2 conditions forecast on Tuesday ... and forecast demand levels in QLD for Wednesday 2nd February...
South Australian price spike on Sunday 30th January 2022 with declining wind, and following (apparent) trips of Bungala 1 and 2 Solar Farms
A short look at this afternoon's pricing volatility in the South Australian region with what appears to be coincident trips at 2 related Large Solar Farms.
Forecast tight supply/demand balance in Queensland on Monday 31st January, Tuesday 1st and Wednesday 2nd February 2022
A couple SMS alerts to AEMO Market Notices speaking about 'LOR3' Low Reserve Condition warnings (i.e. controlled 'load shedding') spiked my interest, so I took a look on...
Midday price volatility in South Australia on Monday 10th January 2022
A quick note about the price spikes seen in South Australia in the middle of the day on Monday 10th January 2022.
AER asks AEMO for more details on Assumptions about Coal Unit Closure in Draft 2022 ISP
The front page headline in the print copy of the AFR this morning 'AEMO told to reassess death of coal' jumped out at me ... and to others...
Pricing fireworks in South Australia on New Years Eve ending 2021
A quick look at New Year's Eve in South Australia