A short note about the end of the Administered Pricing Period (for now?) from 04:05 on Thursday 23rd June 2022.
A short article to follow on from an AEMO announcement at 16:30 today about a possible pathway out of Market 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.
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 of compensation that seemed to be at play for a few days under Administered Price Caps (APC) following Cumulative Price Threshold (CPT) being reached.
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.
The IRPM has dropped again this evening, with drops in Available Generation outpacing drops in Demand.
With NSW under Administered Pricing now (<24 since QLD hit that mark) we look at other regions and who might be next domino to fall.
NSW has joined QLD by exceeding the Cumulative Price Threshold … and now Administered Pricing to begin.
Might be useful to some of our readers…
A quick article Sunday evening as the Cumulative Price for the QLD region skyrockets ever so close to the Cumulative Price Threshold…