A first look at the NSW price spike at 15:10 (NEM time) on Thu 29th Feb 2024
Took a first look at the 15:10 price spike to the $16,600/MWh Market Price Cap in NSW on Thu 29th Feb 2024.
‘N>>NIL_970_051’ constraint equation
Disallowed flow north on VIC1-NSW1 another significant factor in tight supply-demand in NSW + QLD
A quick look at how restrictions in southern NSW meant that Victoria could not export to NSW through the afternoon … hence contributing to the tight supply-demand situation.
NSW ‘Market Demand’ climbs past 13,000MW – and IRPM drops – but prices stay moderate
NSW ‘Market Demand’ exceeds 13,000MW for the first time today (Thu 14th Dec 2023)
What’s happening around Wagga?
Guest author, Allan O’Neil, takes a detailed look at how VIC1-NSW1 transfer capability has been limited frequently due to constraints related to the 051 line in southern NSW, and what it means in terms of inter-regional settlements residue accumulations, market efficiency overall, and the energy transition.
Bye X5, Hi X5
From 16th March 2023 the infamous ‘x5 constraint’ has been split into two. We quickly showed previously that the design of the Left Hand Side (LHS) does not vary. In today’s article, valued guest author Allan O’Neil takes a look at what is different.