Wrap-up of price spikes in November 2024
There have been about 10 occasions in the market’s history when the last week of November has led to extreme prices and this November, was no exception – Carl Daley of EnergyByte provides this wrap-up.
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How western Sydney was the hottest place in the world on Wednesday morning
Ben Domensino of WeatherZone provides some context about the heatwave being experienced in NSW today.
Northern NEM capacity outlook next week – a series of unfortunate events
A very quick post to look at one of the several reasons we are seeing LOR3 and LOR2 forecasts for NSW and Queensland respectively next Wednesday (27 November). Previous posts from Paul (including this one) have looked at a range…
Data Intensity of operating in the NEM, and implications for algorithmic bidding
Philippe Orhan from Neoen shares this article which is adapted from his presentation about BESS bidding (and dealing with the complexity in the data) in the NEM at the recent All-Energy conference in Melbourne.
BESS market operations: We need to talk about being scheduled
James Tetlow of Overwatch Energy shares this article which is adapted from his presentation about BESS operations in the NEM at the recent All-Energy conference in Melbourne.
Managing an electricity portfolio in the NEM
Warwick Forster of Apogee Energy explains how retail and generator hedging works within a portfolio.
NEM Volatility: A Curse or a Blessing for Grid Battery Storage?
Pan Galanis from Akaysha Energy presented the content from this article at the ‘Operating in the NEM’ session at All Energy in Melbourne last week.
Big Battery Revenues in the NEM Presentation from All-Energy 2024
Alex Leemon of Gridcog delivered this presentation about Big Battery Revenues in the NEM at All-Energy in Melbourne last week.
Analysis of the recent destructive supercell storm in Broken Hill
Anthony Cornelius of WeatherWatch shares insights and graphical displays that demonstrate the extent of the supercell storm that toppled seven transmission towers in Broken Hill last week.
Watt scarcity?
Guest author Allan O’Neil examines some recent episodes of price volatility (particularly 30th July to 5th August 2024) and whether they were driven by a shortage of supply, or other factors.
With the benefit of hindsight – or who’d be an auto-bidder?
Following on from earlier articles about price volatility on Tue 30th July 2024 (particularly in South Australia), guest author Allan O’Neil takes a closer look at the operation of battery units in South Australia.
Unusual wind direction to elevate wind power
Ashleigh Madden of Weatherzone reports on some unusual weather activity scheduled to impact QLD, NSW, and SA wind generation – stemming from a high pressure system moving towards the Tasman sea.
Welcome to the Power Station of the Future – But Take Care
Ellise Janetzki posts this overview about operating hybrid plants, following her presentation at the Clean Energy Council’s ALSSSS event in Brisbane earlier this week.
How severe thunderstorms impact energy infrastructure
Ashleigh Madden of WeatherZone explores how thunderstorms damage transmission and whether a trend of these related weather events exists.
We can’t say yet if grid-breaking thunderstorms are getting worse – but we shouldn’t wait to find out
Reflecting on the transmission tower failures in Victoria in February, a group of researchers from the University of Melbourne have put together this summary of what the long-term wind data is showing, and what it means for the power system.
Generation gone with the wind
Ashleigh Madden of WeatherZone reports that a cold front has marched across southern Australia, breaking the week-long wind lull.
Summer reflections
Guest author, Carl Daley from EnergyByte, provides this summary of summer 2024 – covering price volatility, consolidation of the twin peaks dynamic, and BESS performance.
Optimising a highly renewable NEM from scratch, Part 2
In Part 2 of their modelling and analysis project, David Leitch and Paul Bandarian discuss the modelled results of their sharpe ratio-maximised VRE system, including additional considerations regarding transmission.
Missing megawatts and phantom generation
Seven days ago, AEMO notified the market of a Scheduling Error from 24th Jan 2024 to 7th March 2024. A client asked us what it meant – so guest author Allan O’Neil has helped to explore and explain.
Further thoughts (part 2) about the design paper for the implementation of the proposed Capacity Incentive Scheme
Guest author, Ben Skinner, returns with the second instalment on his thoughts about the Design Paper for the Capacity Investment Scheme – with submissions due next Monday 25th March 2024.