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.
price volatility
Discussion about electricity prices – following the Callide C4 Catastrophe
Discussion in a number of different places (including an AFR article today) prompted me to pull some data together of how (spot and futures) prices have trended through 2021, and how they changed with...
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...
Price Volatility (now a regular evening event for QLD and NSW) on Tuesday 1st June kicked along by Darling Downs outage.
A number of things happened late today - with the trip of DDPS1 (only declare credible contingency earlier in the day) giving more impetus to spot price volatility in the QLD and NSW regions...
Price volatility on Monday 17th May 2021 … as expected (part 1?)
Was speaking with someone this morning about the expectation that there would be price volatility this evening, and the market obliged. It’s only just started, but here’s the second spike (at 17:40) captured in...
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.
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.
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...
Batteries vs. peaking plants – a case study from 13 October
UQ's Andrew Wilson pens a case study on the market events that occured on Tuesday the 13th of October in the QLD region, in which he examines the relative performance of UQ's 1.1MW behind-the-meter...
Buckle in folks, Friday afternoon/evening might be a bit bumpy
Published at 12:02, this is a view looking forward to the expected (very high) peak in electricity demand across the NEM this evening.
A brief look back at reactions to negative prices in the 14:30 trading period on Friday 1st March 2019
Yesterday I noted what appeared to be trips of two solar farms - Gannawarra and Karadoc - within a single dispatch interval and coincident with a period of volatile prices. Also yesterday, Dylan McConnell...
Retail Energy, not so easy
It is curious that despite of the findings of the recent ACCC enquiries and the on-going regulatory uncertainty (at both a state and federal level), anyone would be willing to set-up an electricity retailer....
Not quite summer and volatility returns to Victoria and South Australia
Some volatility with the hot weather on Wednesday 29th November - is this a precursor for summer?
With the closure of Hazelwood looming, hedge contract prices climb skywards
Ominous signs for spot price outcomes through Q2 2016 in Victoria, as hedge contract prices climb prior to the imminent closure of Hazelwood.
The ‘other’ factors driving price volatility in the NEM
One of the more recent developments we’ve observed in the NEM is the downward trend in gas powered generation, raising concerns as to whether there is more pain to come for east coast industrial...
A more forensic look at Queensland Price Volatility on Saturday 14th January 2017
An animated walk through 19 hours of Saturday 14th January 2017 in the Queensland region of the National Electricity Market - a day we dubbed "sizzling Saturday" not least because of extreme price volatility
One example of how price spikes in the physical market flow through to the financial market
Illustrating how the price spike on 14th January flowed through to hedge contract prices.
If I was going to assess Factors Contributing to the “truly remarkable” Q2 2016 prices, here are some starting places I’d look…
A starting list of factors that I'd look further into, if I was sucked into the "rabbit hole" of assessing all of the contributing factors leading to the Remarkable Prices seen in Q2 2016...
Reviewing Q2 prices – short-term excursion, or more systemic change in pricing patterns?
Some initial analysis about the remarkable pricing outcomes seen across all regions of the NEM through Q2 2016