We reported previously that a price cap was invoked in Tasmania on Tuesday 16th June because the Cumulative Price Threshold was reached. In official terminology, this was an Administered Price Period (APP). At 04:00AM...
Wednesday 28th January saw demand across the NEM jump to unprecedented levels, setting a new record of 34,843MW at 16:00 NEM time. On Thursday 29th January, we saw the demand increase still further, leading...
With demand soaring, and interconnectors constrained, generators in South Australia and Victoria took what opportunity they had to force the price high. So successful were the South Australian generators that the Cumulative Price Threshold...