Price volatility (third day in a row) … and Reserve Trader dispatched in NSW
Third day in a row we see volatility in NSW (and QLD) ... and this afternoon AEMO contracts, and then dispatches, Reserve Trader in 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.
More price volatility in (QLD and) NSW on Wednesday 16th December 2020
Second day in a row the price spikes in the NSW region ... higher and longer than yesterday. Low aggregate production from Wind and Large Solar across NSW...
Short price spike in NSW on Tuesday 15th December 2020
A quick look at a spike in NSW price this afternoon above $3,000/MWh due to a number of different factors ... including a trip of unit 3 at...
Making demand response work with negative prices
A recent development over in the WEM (paying energy users to consume, when there's too much solar and wind) highlights the lack of foresight in the NEM ......
Surprise LOR2 (Low Reserve Condition) forecast for QLD next Monday afternoon, 30th November 2020
Prompted by an SMS alert this evening, we take a look at the tight supply/demand balance currently forecast for the QLD region on Monday afternoon next week (30th...
More pain ahead for non-synchronous units … a bigger ‘rhombus of regret’ in western NSW & VIC
From tomorrow (Fri 20th Nov) market participants in south-western NSW and north-western VIC will need to grapple with yet another transmission constraint seeking to 'constraint down' their output...
AEMC publishes draft rule change for Semi-Scheduled generators
Today (Thu 19th Nov 2020) the AEMC published a draft ruling following the AER request for a rule change relating to Semi-Scheduled generators ... which itself followed from...
An evolving perspective – forecast impacts of the South Australia short, sharp ‘Circuit Breaker’ COVID response
Some brief notes about the impact that South Australia's 'Stay at Home' order might have on demand in the region.
Price spikes in QLD region third day in a row (Tue 17th Nov 2020)
Third day in a row, and at exactly the same time as yesterday (Mon 17th Nov) the dispatch price in QLD spiked through the roof. Here's a quick...
Early blast of summer drives NSW and QLD prices through the roof
It's not officially summer, yet - but it sure seems like it is across QLD and NSW. High temperatures drive some prices spiking up to the Market Price...
Case Study Part 5 – Why did those constraint bind – in QLD on Tuesday 13th October 2020?
In part 5 of this expanding Case Study of the unexpected price spike on Tuesday 13th Oct, linked to a large & sudden drop in output across 10...
Low point for demand in Victoria drops still lower on Sunday 1st November 2020
The prior record for 'minimum demand' in Victoria seems to have only lasted 8 short weeks, with the level nudged still lower on a sunny Sunday 1st November...
AEMC proceeds to fast-track consideration of the AER’s semi-scheduled generator dispatch obligations rule change
A brief note to inform readers that the AEMC is fast-tracking consideration of the AER's Proposed Rule Change on Semi-Scheduled assets ... but also to reinforce our view...
Brief note about NSW price spike on Friday 23rd October 2020
Winding down through Beer O’clock at the end of a long week with the team and the buzzing of my phone distracts to a few successive price spikes...
AEMO releases ‘Operational management of low demand in South Australia’
On Thursday 22nd October, the AEMO also released a short document titled ‘Operational management of low demand in South Australia'.
Case Study Part 4 – Who did What – in QLD on Tuesday 13th October 2020?
In part 4 of this expanding Case Study of the unexpected price spike on Tuesday 13th Oct, linked to a large & sudden drop in output across 10...
With increasing diversity, the low point of instantaneous aggregate Wind Generation across the NEM is nudging away from 0MW
Patricia Boyce' challenging question coincided with the low point of cyclic wind output across the NEM this afternoon, and prompted some thinking...
Case Study Part 3 – digging still deeper, about what happened in QLD on Tuesday 13th October 2020
In part 3 of this expanding Case Study of the unexpected price spike on Tuesday 13th Oct, linked to a large & sudden drop in output across 10...
Case Study Part 2 – did Rooftop PV kill Large Solar Farm output (and cause the price spike) in QLD on Tuesday 13th October 2020?
Based on some preliminary analysis of the Powerlink's 'Qdata' set (available in ez2view) we present our current hypothesis as to the sequence of the events yesterday in the...
Case Study part 1 – Queensland price spikes to $15,000/MWh at 09:45 on Tuesday 13th October 2020 … coincident with many Large Solar Farms (tripping**)
Alerted to a price spike at 09:45 this morning in the QLD region, we discovered some reduction in load (spot-exposed Demand Response probably) and also a large collective...