Evening volatility in QLD and NSW on Thursday 12th December 2024
We noted as it happened (e.g. hard to ignore a steady run of SMS alerts) , but only belatedly publish this record of evening volatility on Thursday evening 12th December 2024.
QLD
A quick look at bidding in QLD … back on on 18th February 2016
Because it was the focus of discussion and deliberation recently in the QUD19/2021 QLD Class Action, here’s a view of bidding of all suppliers in QLD on 18th February 2016.
A quick look at spikes of Contingency Raise FCAS price in QLD on 9th, 10th and 11th October 2024
A quick snapshot of some volatility in Contingency Raise FCAS Prices in QLD spanning Wednesday 9th October 2024, Thursday 10th October 2024, Friday 11th October 2024.
Evening volatility (and high demand) in QLD on Sunday 8th December 2024
Recording a snapshot from NEMwatch at the 18:00 dispatch interval on Sunday 8th December 2024 to record the start of a run of volatility in QLD (and in NSW).
An updated view of outage plans for Scheduled units above 200MW in NSW and QLD
Given the tight supply-demand balance forecast for NSW and QLD this week, it’s worth revisiting the ‘Generator Outages’ widget in ez2view at 15:35 on Sunday 24th November 2024 to show what the current status is of generator outage plans
Northern NEM capacity outlook next week – a series of unfortunate events
A very quick post to look at one of the several reasons we are seeing LOR3 and LOR2 forecasts for NSW and Queensland respectively next Wednesday (27 November). Previous posts from Paul (including this one) have looked at a range…
Today’s significant ‘Market Demand’ drop in NSW (and a smaller one in QLD) not forecast in advance
We earlier noted this ‘Significant (-786MW) drop in NSW demand, on Wednesday 13th November 2024’ … and, in response, a reader (KC) asked a question that inspired this article.
Evening volatility in QLD and NSW (and low IRPM) on Monday evening 11th November 2024
Monday evening 11th November 2024 sees volatility return in QLD initially, and soon also in NSW.
Late afternoon and Evening run of volatility in NSW and QLD, on Thursday 7th November 2024
It was a hot and sweaty walk home from the Brisbane office late this afternoon, accompanied by the incessant buzzing of my phone … due to the run of volatility in NSW and QLD we forecast in this morning’s article.
Possibility of volatility in QLD and NSW on Thursday evening 7th November 2024
A quick look in the morning of Thursday 7th November 2024 utilizing this collage of 4 different ‘Forecast Convergence’ widgets in ez2view at the 08:35 dispatch interval looking forward to this evening.
Early evening volatility in QLD and NSW on Wednesday 6th November 2024
Here’s a snapshot of NEMwatch at the 17:50 dispatch interval (NEM time) highlighting evening volatility in the QLD and NSW regions as we pass beyond sunset on this warm-for-November day.
Forecast tight supply-demand balance (i.e. LOR2) for QLD and NSW on Thursday evening 7th November 2024
Worth a short note, given the alerts from ez2view have continued to buzz in recent days, as the AEMO continues to update forecast LOR2 warnings for both QLD and NSW regions for Thursday 7th November 2024.
Forecast LOR2 for the QLD region on Tuesday 8th October 2024
Prompted by AEMO MN118628 here’s a forward looking view of forecast tight supply-demand balance for QLD on Tuesday evening 8th October 2024.
Queensland ‘Market Demand’ drops below 3,000MW (for the first time in over 20 years), on Sunday 18th August 2024
Sunday 18th August 2024 sees Queensland reach a new ‘lowest’ point for ‘Market Demand’ … not quite 8 months after it saw a ‘highest ever’ point for ‘Market Demand’. Stretched at both ends, and a clear indication of the challenges of this energy transition.
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.
How rare are simultaneous price spikes in all five NEM regions, like what we saw last night?
A short examination of some of the over-arching factors at play yesterday evening – where prices spiked above $3,000/MWh in all five regions simultaneously.
Rare NEM-wide price spikes on Monday July 29th 2024
Already this evening we’ve seen a rare occurrence of price spikes in all five NEM regions simultaneously.
A bounce back: a review of Q2 2024 prices
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.
Market Notice 116985, QLD power system security intervention possible
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…
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.