Hot chips, algorithms and electricity markets
Declan Kelly thinks through and discusses competition issues that could arise from the increasing proliferation of auto-bidding software by big batteries in the NEM - and suggests some...
Price Setter
Reviewing 12 dispatch intervals in South Australia on Monday 23rd September 2024 (Part 3 of a Case Study)
In Part 3 of this Case Study, we look specifically at the 12 dispatch intervals at the start of the ‘Evening blast of spot price volatility in South...
Very Fast FCAS – a week in review
The new 1-second FCAS markets have been operational since the 9th October. We take a look to find out how it has fared.
Explaining dispatch (and price setting) regarding Eraring Unit 2 on 30th May 2022
A question on Twitter from Benny Beatts (about dispatch of Origin's Eraring unit 2 on Monday 30th May) illustrates why price setting is not as simple as adding...
Supply side price drivers in the NEM
Ben Willacy of ITK Services examines the GSD2020 and seeks to highlight what the report can tell us about supply side price drivers in the NEM
Price Setting Concepts – an Explainer
Guest author, Allan O'Neil, contributes to our series of articles explaining how prices are set the the NEM (as part of how dispatch works). In this article, Allan...
A (preliminary) Intermediate Guide to How Prices are Set in the NEM
In the process of assembling a long-range data set on how much every single generator has contributed to the price of Energy in each Region of the NEM...