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).
high prices
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...
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 -...
First Spike in Demand this Winter As Temperatures Plunge
On Wednesday 10th June 2009, temperatures plunged across the NEM for the first time this winter, providing a long-awaited dump of snow to start the season, and driving electricity demand high.
November in the NEM (a review of 10 years of history)
One of 12 articles on the months past in the NEM - investigating the trends and significant events in the National Electricity Market during November.
October in the NEM (a review of 10 years of history)
One of 12 articles on the months past in the NEM - in which we examine the trends in price and demand across the NEM for the month of October.
Massive Demand, Huge Prices, Load Shedding and the Cumulative Price Threshold (and lessons learnt?)
Wednesday 28th January saw demand across the NEM jump to unprecedented levels, setting a new record of 34,843MW at 16:00 NEM time. On Thursday 29th January, we saw the demand increase still further, leading...
SA nears the Cumulative Price Threshold
On 19th January, high prices were sustained in SA for several hours, bringing the Cumulative Price within a whisker of the $150,000 threshold, at which prices would be capped.
September in the NEM (a review of 10 years of history)
One of 12 articles on the months past in the NEM. Here we examine the trends in price and demand across the NEM for September, and take a closer look at the effects of...
A hot day in SA yesterday, and prices soared!
Just as had been forecast, Tuesday 13th January 2009 saw hot, dry weather roll in across South Australia, and then into Victoria. The high temperatures caused demand to climb, but not to the level...
August in the NEM (a review of 10 years of history)
One of 12 articles on the months past in the NEM - in which we examine the trends in price and demand across the NEM for the month of August.
June in the NEM (a review of 10 years of history)
One of 12 articles on the months past in the NEM. June has brought us several cases of "economic witholding of capacity" - particularly in 2002, and in 2007 the NEM had a very...
May in the NEM (a review of 10 years of history)
One of 12 articles on the months past in the NEM - in which we examine the trends in price and demand across the NEM for the month of May.
February in the NEM (a review of 10 years of history)
One of 12 articles on the months past in the NEM. February has seen multiple price spikes over the years often as a result of high demand caused by the summer heat, but also...
March in the NEM (a review of 10 years of history)
One of 12 articles on the months past in the NEM - covering notable events of March, such as the unforgettable South Australian heatwave of 2008 which caused the Cumulative Price to reach the...
April in the NEM (a review of 10 years of history)
One of 12 articles on the months past in the NEM. Here we present a detailed analysis of prices in each region of the NEM, for the month of April over the past 10...
NEMMCO Market Event Report – 31 October 2008
A Market Event Report has been published on the NEMMCO website discussing the market outcomes of the high energy prices in the New South Wales and Queensland regions on Friday, 31 October 2008.
31st October 2008 – High Prices and Low Reserves in NSW
A tight supply/demand balance in NSW on the 31st October, exacerbated by transmission constraints into the region led to sustained higher prices in NSW.