Volatile price period runs over 5 hours on 2 July 2025 in SA
If we had been in the previous financial year, the old CPT of $1,573,700 would have been tripped.
Cumulative Price Threshold (CPT)
Evening spot prices less volatile than anticipated in SA on July 2, 2025
Spot price volatility occurs in SA on 2 July 2025, yet not to the level that risks exceeding the cumulative price threshold.
Keep an eye on the SA Cumulative Price this evening on Wednesday 2nd July 2025
After an extended burst of high prices last night, and a short burst this morning, the cumulative price in SA has moved closer to CPT territory.
Market Price Cap increases to $20,300/MWh from today, 1st July 2025
With the start of the new financial year, today marks the first step in the AEMC’s staged reform of the Market Price Cap, with it rising to $20,300/MWh — the first of three scheduled...
Is the price right? A historical exploration into the NEM’s price cap
Dan dives into the history of the NEM’s market cap and explores how high-end prices contribute to regional settlement costs and cap payouts.
Will the rolling Cumulative Price for NSW fall back below the CPT on Tuesday evening 14th May 2024
A short (early afternoon) look at the progression of Cumulative Price in NSW, almost 7 days after the evening volatility on Tuesday 7th May 2024 started the climb to the Cumulative Price Threshold.
Thar she blows! NSW hits the CPT and enters Administered Pricing (until Wed 15th May at least) … I think for only the 2nd time ever?
At 19:55 (NEM time) on Wednesday 8th May 2024, the NSW region commenced Administered Pricing for ENERGY and 10 x FCAS commodities, following a rapid spell of spot price volatility.
Policy implications now and for the transition
The third and final part of this series of articles from Greg Williams about opportunity costs in electricity markets - this time narrowing in on policy implications.
AEMC proposes to progressively increase MPC to $22,800/MWh by 1 July 2027 (amongst other changes)
A short note about the AEMC's draft determination, published today.
Administered Pricing ends for FCAS in SA on Saturday 26th November 2022
Administered Pricing has ended for FCAS in SA after roughly 12 days.
Reliability Panel publishes final report from 2022 Reliability Standard and Settings Review
Another high profile report that's been released this week is today's Reliability Standard and Settings Review (from the Reliability Panel)... flagging some changes to settings from 1st July 2025, and some further changes after...
AEMC published update on Compensation Claims under APC
On 4th July the AEMC published their second 'Notice of Receipt of Claims' with respect to compensation under the Administered Pricing period in June 2022.
Alinta Energy submits Rule Change temporarily request to raise the Administered Price Cap (from $300/MWh to $600/MWh)
A short article about the rule change proposed by Alinta Energy to raise the APC ... quite topical given Q2 2022.
RERT may be triggered this evening – Tuesday 5th July 2022?
This morning (Tue 5th july 2022) AEMO announces it may see the need to trigger Reserve Trader this evening.
Administered Pricing ended at 04:00 on Thursday 23rd June 2022 (and an FCAS price glitch)
A short note about the end of the Administered Pricing Period (for now?) from 04:05 on Thursday 23rd June 2022.
Climbing out of Market Suspension
A short article to follow on from an AEMO announcement at 16:30 today about a possible pathway out of Market Suspension
Stepping to suspension
With all regions of the NEM having been suspended by AEMO on Wednesday 15th June 2022, guest author Allan O'Neil takes an initial look at what's visible in terms of operations in the NEM.
Two articles on LinkedIn that might be useful reading contrasting the two different Compensation Processes (i.e. AEMO Directions and AEMC APC)
Despite it being overtaken by today's Market Suspension, with its own compensation arrangements - still might be useful for readers to be aware of these two sources of discussion about the two different sources...
South Australia and then Victoria follow NSW in joining QLD on Administered Pricing
All four mainland regions of the NEM are now under Administered Pricing ... with SA and then VIC joining NSW and QLD in quick succession Monday evening 13th June 2022.
IRPM on a NEM-wide basis drops down to 9% again, at 20:05
The IRPM has dropped again this evening, with drops in Available Generation outpacing drops in Demand.