Tight supply/demand forecast for NSW on Thursday 10th June 2021
A quick note on Tuesday evening, looking ahead to Thursday (10th June) with AEMO forecasting LOR2 in NSW with the cold snap, and enquiring about Generator Recall.
NSW
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
And so the daily solar bedtime story continues … on Wednesday 2nd June 2021 (with 4 x Callide units off, etc…)
Only two dispatch intervals (thus far?) of extreme pricing tonight for QLD and NSW (Wed 2nd June 2021). Here's the first one...
Prices skyrocket across all 4 mainland regions on Wednesday 12th May
Spot prices spiked across mainland regions this evening - firstly at 17:55 (above $1,000/MWh). and then at 18:00 (up towards $15,000/MWh). Here's a first look.
The accelerating rise of Negative Prices in the NEM
A longer-term trend of the incidence of negative prices across each region of the NEM ... and, most interestingly, the pattern by time of day.
Average spot prices through 2020 down at levels not seen for many years
Several conversations this week prompted me to update the long-term view of how spot prices have trended over time (in particular because average prices in 2020 were quite...
High temperatures, and high demand, forecast for Monday 25th January 2021
Following several different warnings of high temperatures forecast for the lead-in to Tuesday 26th January 2021 (whatever you want to call that day) I've taken a quick look...
How aggregate production from Wind and Large Solar in NSW dropped last week – one factor contributing to price spikes and Reserve Trader
An unfortunately timed significant slump in output across all Wind and Large Solar plant in NSW was another of the factors contributing to the price volatility seen in...
What’s up with the fleet of 16 x coal-fired units in NSW?
Following a week where several days saw price volatility in NSW (with this being so extreme that Reserve Trader was triggered on Thursday 17th December) we've taken a...
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
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...
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...
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...
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...
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...
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...
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...
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...
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...