Price spikes in SA and VIC on 21st April
Just after midday today (Wednesday 21st April) South Australia and Victoria experienced some high spot prices. Here’s a quick post to highlight what happened.
high prices
VOLL (or MPC) in NSW today as high temperatures stretch supplies
A graphical summary of a day when temperatures soared in NSW, dragging demand higher and (with the assistance of a relative shortage of supplies) also dragging prices to VOLL
Playback of high prices in SA and VIC
Prices in South Australia and Victoria have been high this afternoon, jumping up over $2000 in both states at 3pm NEM-time today.
Suspected Generator Trip forces prices close to MPC in QLD
Some quick notes about a price spike in QLD today.
New record electricity demand in Queensland today (Monday 18th)
Some pictorial records of a day when a new record demand was set in Queensland.
Ouch – VOLL in SA, close to midnight!
A snapshot of a price spike in SA late at night.
Heatwave ramps up in southern Australia, dragging prices higher
Some notes about the heatwave in SA and VIC, and what it means for the NEM
Temperature Spikes drive Demand higher this week
Some quick notes on what’s happened in the NEM today (17th) and yesterday (16th)
NEM-Wide demand soars, and IRPM drops, on a hot spring day
A few snapshots and quick notes about a very hot spring day in the NEM, with demand soaring, IRPM dropping across the market, and prices at VOLL in NSW
High temperatures force demand high, NEM-Wide (and prices follow)
A few brief notes about a hot day across the mainland, with demand levels high in each of the 4 mainland regions
High demand in QLD as heatwave rolls east
A few snapshots of a hot day in QLD and NSW as the spring heatwave rolls east.
South Australia hits the Cumulative Price Threshold
For only the 5th time in 11 years of NEM history (and the 3rd time for South Australia) four consecutive days of price spikes have forced the Cumulative Price to the Threshold, and AEMO has imposed price caps to prevent retailers from going bust.
Tight supply-demand balance in SA today!
Some quick notes about high demand and prices in South Australia again today….
Prices spike in South Australia today
Some quick notes about another price spike today in the South Australian region of Australia’s National Electricity Market
Prices race in QLD and NSW as horses race in VIC
Tuesday 3rd November, and the temperatures that had driven prices higher in SA the previous day moved eastwards.
Whilst VIC demand was lower as everyone lost their shirts on a horse, demand climbed in NSW and QLD, dragging prices upwards as well.
The NEM wakes from its spring slumber
A quick review of some activity in the market on Monday 2nd November 2009 (and in particular a price spike in South Australia).
Some benefits of curtailability in Australia’s National Electricity Market
A look-back at 11 years of NEM history to reveal the nature and measure of benefits large industrial energy users can gain from curtailability in the NEM
Price cap lifted, and Tassie price spikes again
We reported previously that a price cap was invoked in Tasmania on Tuesday 16th June because the Cumulative Price Threshold was reached. In official terminology, this was an Administered Price Period (APP). At 04:00AM this morning, NEMMCO released a market notice advising the market that the APP had been lifted…
Tassie hits the Cumulative Price Threshold
For only the third occasion in the 10 1/2 years that the NEM has been operational, the Cumulative Price Threshold (CPT) has been reached. Yesterday evening, the CPT was reached in the Tasmanian region.
Prices Surge in QLD and NSW as Demand Climbs
We noted yesterday (Wednesday 10th June) that NEM-wide demand climbed past 32,000MW for the first time this winter.
The following evening saw demand climb to similar levels (a peak of 32,054MW at 18:20 – so 35MW higher than the previous night). However the situation on Thursday night was different in two key ways…