Price volatility (third day in a row) … and Reserve Trader dispatched in NSW
Third day in a row we see volatility in NSW (and QLD) … and this afternoon AEMO contracts, and then dispatches, Reserve Trader in NSW
NSW
More price volatility in (QLD and) NSW on Wednesday 16th December 2020
Second day in a row the price spikes in the NSW region … higher and longer than yesterday. Low aggregate production from Wind and Large Solar across NSW today was clearly one other factor that contributed.
Price spikes in NSW and QLD on the first afternoon of December
Earlier this afternoon we were alerted to a price spike in NSW and QLD that was seemingly caused by a unit trip at one of the larger generators in NSW.
Early blast of summer drives NSW and QLD prices through the roof
It’s not officially summer, yet – but it sure seems like it is across QLD and NSW. High temperatures drive some prices spiking up to the Market Price Cap in both ENERGY and some FCAS commodities as well…
Brief note about NSW price spike on Friday 23rd October 2020
Winding down through Beer O’clock at the end of a long week with the team and the buzzing of my phone distracts to a few successive price spikes this afternoon in the NSW Region: Here’s a snapshot of the 16:00…
It’s good news that time-weighted average prices for Q2 2020 are down on prior years – right?
Spurred by a number of concurrent requests I’ve returned to the pattern of prior analysis of Q2 prices (completed in 2016, 2017 and 2018) to look at what’s changed for Q2 2020 that’s just ended. Some stakeholders clearly taken by surprise. Analysis includes the SWIS in Western Australia
13 headline questions and observations following the long-term islanding, starting Friday 31st January 2020
In order to help us (internally) map out all the different threads to explore in terms of what happened on Friday 31st January 2020 on a remarkable day in the NEM, I’ve identified a few of the key threads here over the weekend. More articles to follow as time permits….
Out of the blue, another LOR2 – NSW region on Saturday 1st February 2020
With the benefit of more data available today, can piece together why there was the sudden drop into LOR2 territory on Saturday 1st February 2020 (something that alarmed me, and resulted in AEMO directing a participant to make capacity – just withdrawn – available again).
Hot weather and high demand continues, with actual LOR1 in NSW region at 13:55 on Saturday 1st February 2020
I’ve snuck into the office on Saturday to start the process of piecing together some of of the different aspects of what happened yesterday to follow on from Friday evening’s short article (this will take quite a while to do…
White knuckle ride across the NEM on Friday 31st January 2020 (extreme NEM-wide demand)
Today (Fri 31 January 2020) saw NEM-wide demand reach levels never seen before (excepting 29th January 2009). This was just the start of the white knuckle ride.
A further look at Thursday Jan 30th
Guest author, Allan O’Neil does a masterful job with limited time in reviewing some of the goings-on in the NEM (particularly VIC and SA) on Thursday 30th January 2020
Buckle in folks, Friday afternoon/evening might be a bit bumpy
Published at 12:02, this is a view looking forward to the expected (very high) peak in electricity demand across the NEM this evening.
Thursday 30th January 2020 sees demand reach 34,257MW and LOR2 notice issued for both VIC and SA
A brief overview of a stressful afternoon/evening in the NEM, where a confluence of events (heatwave-driven high demand, low wind, coal unit trip, etc…) drive LOR2 low reserve condition notice in both VIC and SA, and gear AEMO up to call on Reserve Trader (yet again!)
Factors contributing to events in NSW on Thursday 23rd January 2020 – taking a closer look…
Today I managed to get about half-way (only!) through some analysis I wanted to do to ‘scratch that itch’ about what happened in the NSW Region on Thursday 23rd January – with LOR2 conditions necessitating RERT (Reserve Trader) in the NSW Region.
RERT dispatched in NSW this afternoon, plus other things (at 15:55)
A quick 2nd article today looking at how Reserve Trader was dispatched (and a couple other complexities)
Shaky afternoon ahead for the NSW Region of the NEM (as at 12:05 on Thu 23rd Jan 2020)
Not looking crash hot for the NSW region this afternoon…
Monday’s NSW rain/hail storms also dampens solar output
Following yesterday’s dust storms, today’s rain (and hail) also sweep through NSW to dampen production from solar farms – small and large.
More details on the bushfire-driven extremes in the NSW Region of the NEM on Saturday 4th January
All I have time to do today, looking into more detail of what happened today …. but note that the challenge is still unfolding.
Bushfires under interconnectors through Snowy Mountains cause separation of NSW from VIC region
A quick summary of what’s just happened this afternoon (15:10) with the separation of VIC-to-NSW interconnector due to bushfires that have been plaguing the NEM this summer…
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.