Prompted by a question by a client in a training session for a new ez2view user, guest author Allan O'Neil has written 2,940 words to explain the price outcome in one particular dispatch interval...
Guest author, Allan O'Neil, takes us several steps further in understanding the events in Victoria on Tuesday 13th February 2024 - especially with respect to VRE (wind and solar) production.
This morning we also saw a sizeable drop (just over 1,300MW) in Available Generation the QLD region ... which appears to have triggered an 'Actual LOR2' condition.
Here's one example of the steps being taken by AEMO (which would ordinarily be considered as not advisable) to match supply and demand in the NEM (and particularly the QLD region) with Administered Pricing...