ACCC chief, Rod Sims, includes 6 factors driving retail electricity prices higher
A timely reminder from Rod Sims (at the ACCC) this week that there are a number of factors driving electricity price higher - not just a single "smoking gun"
high prices
Here’s three big reasons why spot prices in Queensland are higher than they used to be
A quick outline of what have been (in my view) the three key reasons why wholesale electricity prices in Queensland have risen, compared to 5 years ago.
If spot price outcomes through Q2 2016 were “truly remarkable” then price outcomes for Q2 2017 were off the chart
A year on from my review of "remarkable" prices seen in Q2 2016, I return to the same analysis and update for Q2 2017. Outcomes are even more extreme...
Another industrial energy user enters Liquidation (in South Australia this time)
Coming back from a week out of the office, I was disconcerted to see that yet another industrial energy user has closed its doors.
On batteries, and “fixing South Australia’s problems”
Some quick thoughts about Tesla's promise to "fix South Australia's power woes". Which specific problem is Tesla promising to fix?
[Post 1] Early AEMO forecasts look towards new record electricity demand in Queensland today
AEMO early morning forecast pointing to a new record electricity demand late this afternoon.
[2nd post] Astonishing Queensland electricity demand – on a Sunday!
An astounding day with Queensland electricity demand on a Sunday - a new peak (according to Powerlink) or not quite (on Dispatch Target basis).
[1st post] AEMO forecasts near-record electricity demand in Queensland – late on a Sunday evening!
Looking forward to this evening, and what looks set to be a near all-time record for QLD demand (a remarkable outcome for a Sunday)
[4th update] NSW drops under 1,000MW spare capacity
4th update on this white-knuckle day.
[Update 3] NSW Scheduled Demand up past 13,500MW and Reserve Margin drops
Another update, as NSW demand shoots up towards a new all-time record
[2nd update] AEMO forecast for peak NSW demand this afternoon now would be new record
2nd quick note in advance of today's expected new record demand in NSW (and hopefully not load shedding)
AEMO’s successive forecasts for NSW tomorrow paint a progressively WORSE picture
Here's an update on the situation in NSW
A more forensic look at Queensland Price Volatility on Saturday 14th January 2017
An animated walk through 19 hours of Saturday 14th January 2017 in the Queensland region of the National Electricity Market - a day we dubbed "sizzling Saturday" not least because of extreme price volatility
Queensland demand today exceeds the previous all-time record
The Queensland region experienced a new all-time record for electricity demand today, along with some very hot weahter
[UPDATED] NEM-wide demand screams past 34,000MW today
NEM-wide demand roared to life today, for the first time this summer, with hot weather pretty much everywhere.
QLD’s Cumulative Price over half way to the Cumulative Price Threshold after a “sizzling Saturday”
Volatility in Queensland on a sizzling Saturday drives the Cumulative Price more than half-way to the Cumulative Price Threshold (where price caps would be imposed).
Queensland demand peaks even higher on Friday – and Reserve Plant Margin is tight
Queensland Scheduled Demand on Friday 13th January peaked even higher than on Thursday 12th January, and only 70MW below the all-time record
Queensland electricity demand surpasses 9000MW in heatwave
Hot weather drives Queensland demand higher than 9,000MW for the first time this summer - even with many people still out on holidays...
AEMO notes low reserve conditions for SA (this summer and next) and in Victoria (next summer)
After an AEMO notice of Low Reserve Condition this summer and next in the south, I had a quick look...
If I was going to assess Factors Contributing to the “truly remarkable” Q2 2016 prices, here are some starting places I’d look…
A starting list of factors that I'd look further into, if I was sucked into the "rabbit hole" of assessing all of the contributing factors leading to the Remarkable Prices seen in Q2 2016...