A cold evening in the NEM, and yet demand can’t make it past 30,000MW – which would have been quite startling 4 or 5 years ago (but not now, as demand has been declining for a number of reasons).
It appears, from this high-level analysis, that events in the State of Origin mapped to changes in electricity demand across Brisbane last night.
Following yesterday’s warnings about the potential for a tight supply/demand balance in South Australia this week, it was not really a surprise when the SMS alerts from NEM-Watch began buzzing for the 07:20 dispatch interval this morning (NEM time), highlighting that the dispatch price in SA had jumped to $12,199.20/MWh. This has continued through the morning.
It’s not looking that great, currently, for the supply/demand balance in South Australia this week – when viewing predispatch, ST PASA and AEMO’s Market Notices
A collection of analysis, observations and commentary about what we see (and have time to comment on) in terms of winter 2013 in Australia’s National Electricity Market
The distinctive winter demand shape returns – and with it comes the evening peaks in prices (even on a Sunday).
Tasmania shivers this morning, driving electricity demand higher
Why are we investing significant time in completing this review of what was remarkable price volatility in QLD over summer? We’re primarily a software company that develops shrink-wrapped products used by about 100 market participants, spectators and commentators.
Posting commentary on WattClarity meets certain customer needs – but there are occasions where deeper analysis is warranted (and requested by our customers). Where we publish more comprehensive reports, they will be listed here.
Augurs to be an interesting day in South Australia today, with two (now three) price spikes already this morning – due in part to no supplies from coal, or from wind.
Historically most of our posts have been based on observations about the wholesale market. More recently we have also begun to have a look at retail prices, more directly. Here’s some articles on the topic.
Prompted by a reader’s question, we provide some further analysis into which brown coal plants have been declining output in recent times, and why this might be the case.
A price spike late at night in South Australia, not long after posting other comments about low surplus generation capacity.
Spot prices in South Australia have been seen to be higher in the month of April than in the prior months, which is somewhat counter-intuitive. Prices also spiked this evening on a number of occasions above $500/MWh – here’s some of the reasons why.
Here’s an animated view of how price volatility emerged in the Queensland region of the National Electricity Market emerged on 20th December 2012 – and the range of factors that contributed.
The Macarthur Wind Farm opening was officially opened today, but the wind did not make an appearance.
Following some tweets from the esaa mentioning how the demand in Victoria on Tuesday 12th March was the highest seen for four years, we had a look back through our records on the day.
Recapping who’s won the Beefmaster Premium BBQ (and 5 other prizes as well) as the “Best Demand Forecasters in the NEM” for summer 2012-13
A view of how NEM-wide demand trended over summer, with respect to our Best Demand Forecaster in the NEM competition.
WattClarity is one way we strive to help people make better decisions – by making the energy market clearer, and more understandable.
Do you know of someone who can help us to expand the scope of what we do in this space? Here’s details of the person we’re looking for…