Market Volatility (and low IRPM) on Monday evening 16th May 2022 in QLD region
A short article about this evening’s market volatility in the QLD region on Monday 16th May 2022
IRPM
Queensland scrapes through on Tuesday 8th March 2022 … with only 210MW spare capacity at the lowest point!
A quick look at the supply-demand balance for the QLD on Tuesday evening 8th March 2022 … where it became very, very tight for a period of time (hence very low IRPM).
Only 5 percent IRPM (485MW spare) in the QLD Economic Island!
We’re down to 485MW of spare capacity in the QLD region … at any price. Hold onto your hats!
Morning volatility in QLD and NSW on Thursday 22nd July 2021
A quick record of some morning volatility in QLD and NSW … both due to tight supply/demand balance with interconnectors constrained.
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).
Mainland region price spikes on Tuesday 6th July 2021
A short note about the start of the evening price spikes on Tuesday 6th July 2021 (these are ongoing, at the time this was posted).
NEM-wide scheduled demand exceeds 31,000MW and IRPM drops to 11.93% on Monday 5th July 2021
Quick notes about the winter evening peak in demand on Monday 5th July 2021
Gas issues and low wind contribute to low NEM-wide IRPM (and volatility) on Monday 21st June 2021
A short article marking (yet) another volatile evening in the NEM in this ‘elephant’ of a Q2 2021… now with some added challenges for gas-fired generation.
Demand, and prices, up in NSW and QLD on Wednesday 9th June 2021 … and low IRPM
A short note about the first of the volatility on Wednesday 9th June 2021.
Spot market volatility report – Thursday 3rd June 2021 (as at 17:54)
Evening spot price volatility has become a regular thing – here’s some of it for Thursday 3rd June 2021
Price Volatility (now a regular evening event for QLD and NSW) on Tuesday 1st June kicked along by Darling Downs outage.
A number of things happened late today – with the trip of DDPS1 (only declare credible contingency earlier in the day) giving more impetus to spot price volatility in the QLD and NSW regions already facing tight supply/demand following the Callide catastrophe and LOR1 in NSW.
Prices Spike on Sunday 30th May with low NEM-wide IRPM (without 4 Callide units, and low Wind Production)
On Friday evening (28th May) and again this evening (Sun 30th May) my phone buzzed plenty of times – due to price volatility, and also alerting on low IRPM (enabled with Callide units offline, and low wind harvest at peak demand time).
AEMO dispatches Reserve Trader on Thursday 24th January as IRPM in VIC and SA plunges
A short post, prior to further analysis next week, to notify readers that Reserve Trader has been dispatched today.
NEM Scheduled Demand tops 33,000MW and prices spike in the south on Tuesday 22nd January
Some snapshots from NEMwatch recording a day where NEM-wide demand breached 33,000MW and prices spiked above $1000/MWh in VIC and SA