A snapshot of the start of price volatility in QLD and NSW on Monday 12th July 2021.
Based on some preliminary analysis of the Powerlink’s ‘Qdata’ set (available in ez2view) we present our current hypothesis as to the sequence of the events yesterday in the QLD region, where 600MW of solar generation was lost, causing the price to spike to MPC.
An unexpected network outage in the south-east of South Australia restricts supplies from Victoria at a time of low wind supply in South Australia and results in the dispatch price spiking to $14,200/MWh from 11:30 and oscillating for the afternoon
Quick review of a spike in FCAS Prices in South Australia on Tuesday 18th April 2017 – leading to Administered Pricing for Raise Regulation Services.
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.