Price volatility (third day in a row) … and Reserve Trader dispatched in NSW
Third day in a row we see volatility in NSW (and QLD) … and this afternoon AEMO contracts, and then dispatches, Reserve Trader in NSW
Third day in a row we see volatility in NSW (and QLD) … and this afternoon AEMO contracts, and then dispatches, Reserve Trader in NSW
My participation in yesterday’s session about ‘Energy Technology – performing under (heat) stress’, organised by the Australian Institute of Energy, was an opportunity to reflect on what I saw as the Four Headline Events that gave example to a great many challenges we will have to grapple with as this energy (and climate) transition gathers pace.
In order to help us (internally) map out all the different threads to explore in terms of what happened on Friday 31st January 2020 on a remarkable day in the NEM, I’ve identified a few of the key threads here over the weekend. More articles to follow as time permits….
Guest author, Allan O’Neil does a masterful job with limited time in reviewing some of the goings-on in the NEM (particularly VIC and SA) on Thursday 30th January 2020
A brief overview of a stressful afternoon/evening in the NEM, where a confluence of events (heatwave-driven high demand, low wind, coal unit trip, etc…) drive LOR2 low reserve condition notice in both VIC and SA, and gear AEMO up to call on Reserve Trader (yet again!)
Today I managed to get about half-way (only!) through some analysis I wanted to do to ‘scratch that itch’ about what happened in the NSW Region on Thursday 23rd January – with LOR2 conditions necessitating RERT (Reserve Trader) in the NSW Region.
A quick 2nd article today looking at how Reserve Trader was dispatched (and a couple other complexities)
Not looking crash hot for the NSW region this afternoon…
All I have time to do today, looking into more detail of what happened today …. but note that the challenge is still unfolding.
A quick article with the unfolding situation this afternoon in Victoria – tight supply/demand balance, price spike to the Market Price Cap, and RERT negotiations ….
Bit of an uncanny coincidence, having posted some concerns about the coming summer 2019-20 only 2 days ago, to find that the AEMO has called for expressions of interest for…
A first look at some of the action seen in the southern parts of the NEM on Thursday 24th January 2019 as a result of the latest crazy heatwave that has afflicted central Australia – particularly affecting electricity supply and demand in South Australia and Victoria
A short post, prior to further analysis next week, to notify readers that Reserve Trader has been dispatched today.
Reserve Trader dispatched
AEMO announces the possibility of dispatching “Reserve Trader” tomorrow to address a forecast tight supply/demand balance.