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.
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.
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 a bit later.
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 up near the all-time maximum.
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 Thursday afternoon about what's forecast for...
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 as well!
Pricing fireworks in South Australia on New Years Eve ending 2021
A quick look at New Year's Eve in South Australia
Price volatility in South Australia Thursday evening 30th December 2021
This morning I've taken a quick look at market activity in South Australia on Thursday evening, 30th December 2021.
Price volatility in South Australia on Thursday 30th December (2nd day in a row) – and High Temperature alerts broadened
A short article following a price spike in SA on Thursday afternoon, 30th December 2021
How should the AER’s wholesale monitoring responsibilities change, to suit the changing market environment?
On Tuesday 21st December 2021 the AER requested the AEMC to consider changing the prescriptive requirements in the Rules for the AER to analyse particular types of market outcomes in particular ways, and instead...
AEMO publishes (draft of) High Level Design for IESS (submissions due Fri 11th Feb 2022)
Same day as we released GenInsights21, the AEMO published its High Level Design on how they will implement the AEMC Rule Change determination on Integrating Energy Storage Systems (IESS) into the NEM. Here's the...
Callide C4 updated RTS expectations on 5th November 2021 (now not expected back online until 7th April 2023)
With GenInsights21 released two weeks ago (and only yesterday all pre-orders and orders processed and invoices provided, as noted here) I’m catching up on a number of different things – actions I promised for...
Price spikes in South Australia above $9,000/MWh – due to unforecast cloud cover?!
Out-of-the-blue, the price spikes up near $10,000/MWh in South Australia on an otherwise 'boring' day ... a sign of what we should expect increasingly in future?
‘Market Demand’ in Victoria moves a shade lower on Tuesday 28th December 2021 … but not quite, for Operational Demand
A quick look at Tuesday 28th December 2021 - when 'Market Demand' (but not 'Operational Demand') fell a shade lower than the prior low point record.
Spot price volatility in QLD (and NSW) on Tuesday 21st December 2021
A quick look at this evening's volatility.
The 28 x ‘Deep Dive’ Appendices included in GenInsights21
Last Wednesday (15th December) we released GenInsights21. In this article we provide a full list of the 28 Appendices included with the publication, and from which many of the Key Observations have been drawn.
Spot price and demand up in QLD on a hot and humid Monday 20th December 2021
A first quick look at an elevated price event in the QLD region on Monday 20th December 2021