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.
price volatility
Evening blast of spot price volatility in South Australia on Monday 23rd September 2024
On Monday evening 23rd September 2024 we saw a sustained period of price volatility in South Australia.
Morning burst of volatility in South Australia (Thursday 22nd August 2024)
A short article with this snapshot to document a morning burst of volatility in South Australia on Thu 22nd Aug 2024.
Spot price volatility (in SA only?) on Tuesday evening 6th August 2024
A quick article about evening volatility (in South Australia only?) on Tuesday 6th August 2024
Morning burst of volatility across the NEM on Monday 5th August 2024
A quick summary of some morning volatility (particularly SA, VIC and SA) on Monday morning 5th August 2024.
A (very!) quick look at bidding behaviour (NEM-wide) over recent days
Curiosity drove us to take this initial (and very quick) look at bidding behaviour, NEM-wide, across the past 14 days in relation to recent NEM-wide price volatility.
Morning energy price volatility in SA on 18 July 2024
Spot price volatility was observed in SA on the morning of 18 July 2024.
Afternoon volatility in TAS on Friday 14th June 2024
An initial walk through afternoon volatility seen today (Fri 14th June 2024) in Tasmania.
Elevated prices in SA on 4th June 2024
A brief run of high energy prices in SA on 4th June 2024 was observed in the evening. Energy prices as projected in the predispatch runs from earlier in the day had threatened to reach above $15000 but as time…
Price volatility in NSW on Monday evening 20th May 2024
A short record of some evening volatility in NSW on Monday 20th May 2024.
Spot price volatility in May 2024 in NSW flows through to ‘baseload’ futures prices
Following a conversation with one journalist yesterday, and a tweet from another journalist, here’s an updated trend of NSW ‘baseload’ futures contract prices for 12 x quarters.
Thar she blows! NSW hits the CPT and enters Administered Pricing (until Wed 15th May at least) … I think for only the 2nd time ever?
At 19:55 (NEM time) on Wednesday 8th May 2024, the NSW region commenced Administered Pricing for ENERGY and 10 x FCAS commodities, following a rapid spell of spot price volatility.
Over 3 hours of price volatility in NSW on Wednesday evening 8th May 2024 … with Cumulative Price rapidly closing in on CPT
Blasting past 3 hours this afternoon/evening (and still counting), the run of spot price volatility in NSW drives the Cumulative Price up towards the CPT. Will it break the cap this evening, or tomorrow?
NSW price volatility continues into Wednesday afternoon 8th May 2024
Price volatility has continued in NSW this afternoon, starting at around 3:40pm local time.
~80 minute run on spot price volatility in NSW on Tuesday 7th May 2024
A second article providing some more detail on the spot price volatility in NSW on Tuesday evening 7th May 2024
Updated trend of ‘ENERGY’ bids in red, green and blue
Last Tuesday 23rd April 2024 I spoke with an audience organised by BofA Securities with respect to ‘Risk, Uncertainty and Volatility in the energy transition’. Here’s one illustration of why the spread of spot prices in the NEM has been increasing in recent years.
Summer reflections
Guest author, Carl Daley from EnergyByte, provides this summary of summer 2024 – covering price volatility, consolidation of the twin peaks dynamic, and BESS performance.
Spot price volatility in South Australia on Monday 11th March 2024
A short record of the start of some price volatility in South Australia on Monday 11th March 2024.
Elevated prices (and demand) in VIC and SA on Sunday evening 10th March 2024
A short record of evening volatility in VIC and SA during the heatwave on Sunday 10th March 2024.
Spot price volatility in TAS on Sat 2nd March 2024
A short record of some afternoon volatility in TAS on Saturday 2nd March 2024.