Interconnector constraints and limits–an explainer, and a few traps
Limits on interconnectors play a key role in setting regional prices in the NEM. Marcelle finds a number of traps when interpreting the market data.
interconnector constraint
Quick review of a price spike on Sunday evening 5th June 2022
A short walk through Sunday evening’s ‘out of the blue’ price spike in the South Australian region.
Widespread rain event one factor in pricing volatility in QLD on Thursday 11th November 2021 (Part 2)
Second short article, looking into what has been happening through Queensland on Thursday 11th November 2021.
NSW morning price spike (14th July 2021) – out of the blue
Some brief notes about a morning price spike today in NSW (Wednesday 14th July 2021).
Down 55% – but not out
Over 2,000 MW – or around 55% – of South Australia’s firm supply capacity was unavailable last Friday evening (March 12, 2021), along with virtually all of its large-scale renewable supply (a further 1,800 MW or so) but the lights…
Which units were most impacted by constraints in 2020?
In this (lengthy) article today, Paul McArdle uses the newly released GSD2020 to take a look at the units that were most frequently impacted by constraints during calendar 2020 – with a view to how this has changed from 2011 to 2020.
A (Much) Deeper Dive into Friday March 1 2019
Guest author, Allan O’Neil, drills into considerable depth to understand, and clearly explain, some of what happened during a volatile period in the VIC and SA regions on Friday 1st March 2019
Factors contributing to an unforeseen price spike in NSW at 16:15 on Thursday 31st January 2019
Taking a brief (well, actually longer than intended) look into the various factors that delivered a price spike above $10,000/MWh on Thursday 31st January in NSW – and thinking through the implications for one particular Demand Response client, and for the broader market.
High SA Prices on Monday 9 July–Business as Usual?
One of our guest authors, Allan O’Neil, takes a closer look at what happened in the South Australian region of the NEM on Monday 9th July 2018
On Saturday 2nd September, AEMO reacted to Severe Weather Warning by imposing limits on interconnector
On Saturday 2nd September, AEMO responded to a BOM-issued “Severe Weather Event” warning by reducing flow capacity west on the Heywood link. Here’s how that looked…
High Regulation FCAS Prices on Tuesday 18th April in South Australia
Quick review of a spike in FCAS Prices in South Australia on Tuesday 18th April 2017 – leading to Administered Pricing for Raise Regulation Services.
Another day where LOR2 notice issued for SA – what does it mean?
AEMO issued a Market Notice this morning for an LOR2 “Low Reserve Condition” in South Australia. Here’s my sense of some of what’s happening.
Tassie price spike on Sunday
Some quick notes about a price spike this evening in Tasmania.
Demand Side Response in NSW on 4th February
On the 4th of February at around 11am energy users in NSW appear to have curtailed their load in response to high prices, resulting in a significant drop in demand. Simultaneously, network conditions and generator rebidding caused the NSW pool price to jump back and forth between extreme prices close to VOLL ($10,000/MWh) and the Market Floor Price (-$1,000/MWh).
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
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.
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).
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.