Wrap-up of price spikes in November 2024
There have been about 10 occasions in the market’s history when the last week of November has led to extreme prices and this November, was no exception – Carl Daley of EnergyByte provides this wrap-up.
price spike
NSW Prices spike early ahead of forecasts on afternoon of 27th November
The Energy price in NSW has already spiked to up near the MPC of $17500 as early as 14:30 NEM time.
Several spurts of price volatility in South Australia on Tue 24th of September 2024
Several isolated price spikes have occurred in SA late this afternoon.
SA price spike on Tue 12th March 2024 with rapid ramp in demand
A short article to document a price spike in SA on Tuesday afternoon 12th March 2024
NSW hit with first wave of price spikes as demand continues to climb towards 14,000 MW on Thu 29th Feb 2024
We’ve already witnessed four price spikes this afternoon as demand in NSW is approaching its expected peak. P5 forecasts are currently projects prices to remain at very elevated levels for the time being.
An initial exploration of QLD’s spike at 14:30 on Thursday 21st December 2023
An initial look at the ‘out of the blue’ price spike in QLD at 14:30 on Thursday 21st December 2023.
Liddell’s ghost stalks the market
During early morning Monday 1st May prices spiked in the NSW quite unexpectedly. Guest author Allan O’Neil takes us into the complexities of the EMMS and NEMDE to help us understand the mechanics of how this happened.
Cloud cover and cold temperatures spark high prices in QLD on Monday morning 4th July 2022
A quick look into today’s high prices in QLD, and some of the contributing factors.
Morning price spike in South Australia on Monday 6th June 2022
A quick look at a price spike at 06:45 on Monday morning 6th June … that has some parallels to yesterday evening.
Quick review of a price spike on Sunday evening 5th June 2022
A short walk through Sunday evening’s ‘out of the blue’ price spike in the South Australian region.
Price Volatility continues in QLD, on Monday 4th April 2022 … and spreads to all regions
A short article highlighting price volatility this evening in QLD … spreading further south.
Run of price volatility in QLD on Friday evening, 1st April 2022
Spot price up at $1,000/MWh in QLD for over an hour on Friday evening, 1st April 2022.
Prices spike in South Australia on Saturday evening, 19th March 2022 (State Election Day)
Polls have closed and counting has begun in the South Australian state election … and the NEM has thrown up this price spike as a reminder that energy policy will remain a focal point for whoever wins.
A quick look at the 14:30 price spike today (Wed 2nd Feb 2022)
A very brief look at the first significant price spike in QLD on Tuesday 2nd February 2022.
Midday price volatility in South Australia on Monday 10th January 2022
A quick note about the price spikes seen in South Australia in the middle of the day on Monday 10th January 2022.
Pricing fireworks in South Australia on New Years Eve ending 2021
A quick look at New Year’s Eve in South Australia
Price volatility in South Australia Thursday evening 30th December 2021
This morning I’ve taken a quick look at market activity in South Australia on Thursday evening, 30th December 2021.
Price volatility in South Australia on Thursday 30th December (2nd day in a row) – and High Temperature alerts broadened
A short article following a price spike in SA on Thursday afternoon, 30th December 2021
Price spikes in South Australia above $9,000/MWh – due to unforecast cloud cover?!
Out-of-the-blue, the price spikes up near $10,000/MWh in South Australia on an otherwise ‘boring’ day … a sign of what we should expect increasingly in future?
Spot price volatility in QLD (and NSW) on Tuesday 21st December 2021
A quick look at this evening’s volatility.