Generator Hedging in Australia’s National Electricity Market
Guest author, Warwick Foster, discusses the different methods in which generators may hedge in the NEM
Guest author, Warwick Foster, discusses the different methods in which generators may hedge in the NEM
Following from (what we have seen as) an increase in diversity of concerns (and claims) about different aspects of generator performance, we’re leveraging our extensive data set and capabilities to have a deeper look, leading to the publication of a Generator Report Card with data to 31st December 2018. We’d welcome input from those who wish to pre-order their copies now at an initial low rate.
Walking through 5 (much simplified) “Dispatch Intervals” to illustrate some starting principles of marginal price based dispatch arrangements, such as used in the National Electricity Market
Some thoughts by our guest author, about possible reasons why Engie did not bid full output of Pelican Point power station into AEMO on Wednesday 8th February (i.e. the time at which load shedding eventuated).
Five thought-provoking questions about what really happened in Queensland over summer 2013 – and the supplementary question about what it all means for the future.
Beginning prior to 7am and progressing through the morning of Wednesday 2nd January 2013, there was significant volatility in the Queensland region of the National Electricity Market – including four spikes at or above $1,000/MWh.
Here’s a walk-through of how it unfolded, with some pointers to some of the contributing factors.