A number of things happened late today – with the trip of DDPS1 (only declare credible contingency earlier in the day) giving more impetus to spot price volatility in the QLD and NSW regions already facing tight supply/demand following the Callide catastrophe and LOR1 in NSW.
First short article for Tuesday evening following report from CS Energy that the return to service
This evening I’ve taken a first pass look at how QLD generators bid on Tuesday 25th May 2021, in response to the tight supply/demand balance created by the Callide C4 outage and cascade of events.
On Friday evening (28th May) and again this evening (Sun 30th May) my phone buzzed plenty of times – due to price volatility, and also alerting on low IRPM (enabled with Callide units offline, and low wind harvest at peak demand time).
Two brief (but important) observations made possible with a chart published on RenewEconomy with respect to the Hornsdale Power Reserve.
A deeper look at the frequency data (our own, and also from some others) reveals a number of other interesting things about what happened on Tuesday 25th May 2021 in Queensland.
My evening reading of an ABC news article (about Callide C) released this afternoon suggests a long, long and expensive outage for Callide C4.
Sharing 7 of the ‘Headline Questions’ we’re pondering, as we bury ourselves in the data surrounding the events that happened on Tuesday 25th May … some of which will have long-lasting implications (not to mention detailed investigations).
Following yesterday’s incidents (plural!) we see prices forecast to be high this evening in QLD as well.
Part 5 in an expanding series, looking at what happened in QLD on Tuesday 25th May 2021 – this one looking at system frequency.
First update, day after the event, shows a cautious (initial) approach to returning the 4 units at the Callide site back to service.
Last night, in addition to the dramas unfolding in the QLD region, we set a new record for coincident NEM-wide wind production – eclipsing the prior record from exactly 6 weeks ago.
Third short article this evening, after it looks like we’ve escaped from a tight supply/demand balance (reasonably) unscathed.
Looks set to be a very tight supply/demand balance this evening in Queensland. Here’s hoping everything goes right for the AEMO Control Room!
A quick snapshot from NEMwatch at 14:20 today highlighting the loss of approximately 2000MW of demand this afternoon – dropping the level of Scheduled Demand down to 3,775MW: The AEMO Market Notice highlighted says: ——————————————————————- MARKET NOTICE ——————————————————————- From : …
Was speaking with someone this morning about the expectation that there would be price volatility this evening, and the market obliged. It’s only just started, but here’s the second spike (at 17:40) captured in a snapshot from NEMwatch v10: Here’s…
In our development of GenInsights21, we’re exploring ways to also include some analysis of different types of stakeholders in the generation process. In this article we outline a couple (and seek your input).
A quick synopsis of some market reforms at the AEMC relating to system frequency.
One of the many data sets being crunched as part of our analytical efforts underpinning the development of ‘GenInsights21’ is system frequency. In this short article today, we share some initial observations on how it has been changing.
Spot prices spiked across mainland regions this evening – firstly at 17:55 (above $1,000/MWh). and then at 18:00 (up towards $15,000/MWh). Here’s a first look.