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
Friday evening price spike in QLD and NSW – with 300MW demand response in QLD
A short article that might be referred back to later following a spot price spike (in QLD and NSW), and what looks like demand response (in QLD).
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).
Spot price up in QLD and NSW, with only 1,532MW of spare capacity Monday evening 12th July
A snapshot of the start of price volatility in QLD and NSW on Monday 12th July 2021.
Looking back at a Q2 2021 period that’s been anything but boring
Now making it 5 out of the past 6 years, we return to the analysis of electricity (spot and futures) pricing patterns for Q2 periods across the NEM regions … and also in Western Australia. We see a number of ways in which Q2 2021 was ‘anything but boring’!
Availability of Black Coal units has suffered through Q2 2021
The volatility that has been with us for weeks now (particularly QLD and NSW), and the dramas unfolding at Callide power station, prompted me to have a broader look at the availability of black coal plant across QLD and NSW, and compare this to prior Q2 periods.
Evening volatility on Tuesday 15th June 2021
It was volatile this morning well past that’s become ‘normal’ and the volatility has returned (as I expected it would) this evening. Here’s the snapshot of the 17:20 dispatch interval from one of our NEMwatch v10 dashboards: As highlighted: 1) …
Evening volatility continues into Thursday 10th June 2021
A short article noting volatility rolls into Thursday evening, 10th June 2021
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.
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.
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 different than recent years).
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 at what it’s currently forecast to mean for the NEM…
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 NSW last week.
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 look at the comparative performance of coal units across the NEM (and particularly in NSW) compared to prior years.
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 today was clearly one other factor that contributed.