Hot weather drives Queensland demand higher than 9,000MW for the first time this summer – even with many people still out on holidays…
After an AEMO notice of Low Reserve Condition this summer and next in the south, I had a quick 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 – and which could continue into the future.
Some brief notes about a changed pricing pattern observed in Q2 2016
Pondering more implications of the boom/bust pricing witnessed in the South Australian region last week…
Through the week we’ve seen new highs for wind production (NEM-wide) and also some low levels of production, as well – mirroring the political debate. The challenge has serious implications, however, and the AEMO sessions mentioned might be one way to learn more.
Some quick notes Tuesday evening about liquid-fuelled peaking generators getting a run in a South Australian region that’s missing Northern station (amongst other factors)
A walk-through a high-demand day in Queensland (especially remarkable because of the effect of solar PV output).
Our guest author (Mike Williams) shares some practical tips for how energy users can brace themselves for the rising tsunami of energy costs
An early review of what’s been happening today (Wednesday 15th January) with the heatwave in Victoria and South Australia
Demand surges in Victoria and South Australia on the back of blistering heat, dragging prices out of their long-term slumber as a result.
A quick look at some more volatility experienced in the Queensland region on Wednesday 23rd October
Spot Prices in South Australia were elevated over the past 7 days – here are some reasons why.
Following yesterday’s warnings about the potential for a tight supply/demand balance in South Australia this week, it was not really a surprise when the SMS alerts from NEM-Watch began buzzing for the 07:20 dispatch interval this morning (NEM time), highlighting that the dispatch price in SA had jumped to $12,199.20/MWh. This has continued through the morning.
The distinctive winter demand shape returns – and with it comes the evening peaks in prices (even on a Sunday).
A price spike late at night in South Australia, not long after posting other comments about low surplus generation capacity.
Spot prices in South Australia have been seen to be higher in the month of April than in the prior months, which is somewhat counter-intuitive. Prices also spiked this evening on a number of occasions above $500/MWh – here’s some of the reasons why.
Here’s an animated view of how price volatility emerged in the Queensland region of the National Electricity Market emerged on 20th December 2012 – and the range of factors that contributed.
A starting list of a number of factors that combined to deliver sustained higher wholesale electricity prices in the Queensland region across the weekend of Saturday 12th January and Sunday 13th January 2013.
After watching electricity spot prices in Queensland remain stubbornly high over the weekend, we invested some time today to assess the extent to which these price patterns had ever been seen before – in the 15 years of NEM history.