We just witnessed another eventful Q2, with at least four drivers contributing to significant price volatility. This is our annual review of Q2 prices, where we compare these outcomes against the long-term trend.
A brief note to record that at 5:29:34 PM today AEMO have published Market Notice 116985 announcing a possible intervention to maintain power system security for the QLD region. Market notices of this form are now very familiar in recent…
Guest author, Carl Daley from EnergyByte, provides this summary of summer 2024 – covering price volatility, consolidation of the twin peaks dynamic, and BESS performance.
A quick look back at the period before easter 2024, which was forecast to be a wet week in QLD … looking particularly at solar yield.
AEMO updated forecasts for LOR2 in NSW (and now QLD) for Thursday 29th Feb 2024 are now more severe than the earlier forecasts.
A short record of evening volatility in Queensland and NSW on Monday 26th February 2024.
A short article with demand in QLD above 10,000MW
Demand is climbing in both NSW and QLD regions on Friday afternoon 23rd February, off the back of hot weather.
An ST PASA data update on Monday morning 29th January 2024 forecasts LOR3 (i.e. load shedding) for Thursday morning 1st February 2024
A short record of a burst of volatility in QLD and NSW on Sunday evening 28th January 2024.
As Saturday evening (27th Jan 2024), at 17:45 QLD ‘Market Demand’ reaches 10,210MW … and volatility starts.
An afternoon update (16:05) of the forecasts for QLD this evening, Sat 27th Jan 2024
AEMO’s 2nd Market Notice (on Sat 27th Jan 2024) about possible dispatch of RERT (Reserve Trader) on Saturday 27th Jan 2024
A timely reminder from the BOM of why ‘Apparent Temperature’ can be significantly higher than ‘Actual Temperature’ … such as across QLD on Saturday 27th Jan 2024 (and also Mon 22nd Jan 2024).
The AEMO has announced intention to negotiate for RERT (Reserve Trader) in a very hot QLD for possible dispatch later on Saturday 27th January 2024.
A late morning look at AEMO’s forecasts for Saturday evening 27th January 2024.
Still trying to make sense of what did and didn’t happen in QLD last night, Dan Lee provides some context to how yesterday’s record-breaking demand compares to similar historical events.
Geoff Eldridge of Global Power Energy publishes this summary of the demand records that were broken in QLD as the regoin sweltered through hot and humid conditions last night.
The supply side rose to meet the new peak demand level in QLD on 22nd Jan 2024.
In the 16:40 dispatch interval (Monday 22nd January 2024) the ‘Market Demand’ in Queensland exceeded 11,000MW for the first time ever.