The ‘Triple C’ conditions (cold, calm and cloudy) that occurred last Thursday evening 26th June 2025
Carl Daley examines the underlying conditions and outcomes that occurred last Thursday evening, the 26th of June.
Guest Author
We need more research on storage trading
In this guest post, Greg Williams calls for more research into how storage bidding—particularly auto-rebidding—is reshaping price formation and competition as flexible assets take centre stage in the NEM.
Battery bidding is reshaping FCAS — But Demand Response remains a strategic asset
Paul Moore of Viotas look at recent supply-demand dynamics within the contingency FCAS markets and whether demand response can play a role.
Beyond the fence line: Why risk needs to be part of your renewable project narrative
This guest-authored post by Cameron Shield from Lockton follows on from his presentation at the CEC's Investor Forum earlier this year, where he urged the audience to "sell risk, don't buy insurance".
Stacking up: Unlocking multiple revenue streams in the NEM
Ben Nethersole from Baringa summarises the different contracting routes available for renewables and storage, and how project business cases are increasingly stacking these together.
Aligning business cases with the current, and future, reality
Following his presentation at the CEC's Wind Industry Forum, Jonathon Dyson shares lessons learned from helping developers and operators of wind projects in solidifying their business case.
Do we have enough gas to wait until nuclear comes along?
Tristan Edis of Green Energy Markets discusses the practicalities of the gap that must be filled by the gas sector under the nuclear power timeline proposed by the Federal Opposition.
The challenge of imperfect foresight: Storage operation in a highly renewable NEM
Josh Boegheim from Powerlink discusses the limitations of perfect foresight assumptions for system planning—and shares results from a recent study that simulated energy storage dispatch using deterministic and stochastic forecasting approaches.
The growing NEM BESS fleet: Who is controlling all this capacity, anyway?
Matt Grover from Fluence shares insights into the NEM's growing big battery fleet and what it means for the market and their operators. This article follows on from his keynote at the ESS two...
What is the real size of Australian corporate demand for Renewable Energy?
Tristan Edis from Green Energy Markets explores the current state of voluntary corporate demand for renewable energy, amid signs that LGC prices have fallen to near-historic lows.
Generator exposure to regulation costs under FPP
In his third article, Jack Fox uses the Non Financial Operation (NFO) data to take a look at some VRE units, and how they would have performed under FPP.
The top 10 batteries under FPP
In his second article, Jack Fox uses the Non Financial Operation (NFO) data to take a look specifically at batteries, and how they would have performed under FPP.
An initial look at Winners and Losers from Frequency Performance Payments (FPP)
In his first article, Jack Fox reports some initial observations from a review of the Non Financial Operations (NFO) data that's been published since Dec 2024.
Hot chips, algorithms and electricity markets
Declan Kelly thinks through and discusses competition issues that could arise from the increasing proliferation of auto-bidding software by big batteries in the NEM - and suggests some pre-emptive steps that that could be...
NEMDE nightmares – parallel pathways and clashing constraints
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...
The forgotten market and its critical role in Australia’s transition to clean energy
Anita, Lachlan, and Gilles from ERM Energetics share their thoughts on how financial electricity derivatives must evolve as the energy transition speeds up.
Some remarks on Victorian demand
Allan O'Neil takes a closer look at Victorian electricity demand on Sunday, February 2nd — which stood out as an unprecedented anomaly when looking at the history of weekend demand in the region.
PEC Stage 1 in operation – be careful what you wish for
Guest author Allan O'Neil looks at how operation of Project EnergyConnect Stage 1 may affect market outcomes, with some early indications that impacts won't be as straightforward as you might think.
The two rare events that drove NEM wind power in 2024
Ashleigh Madden of WeatherZone discusses how the the 2022 Hunga Tonga–Hunga Haʻapai eruption and a rare sudden stratospheric warming impacted the Southern Annular Mode (SAM) and wind generation during the 2024 calendar year.
Opening the black box: A beginner’s guide to wholesale market modelling (Part 3)
Oliver Nunn and his team at Endgame Economics have written this introductory three-part guide to market modelling in the NEM. This is Part 3: "Defense against the dark arts"