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.
Several isolated price spikes have occurred in SA late this afternoon.
A quick look at our forecast convergence widget, with the AEMO currently forecasting an LOR2 in SA tomorrow evening.
Stratospheric warming over Antarctica may have helped bring about the extended period of strong winds in the southern NEM regions.
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.
Already this evening we’ve seen a rare occurrence of price spikes in all five NEM regions simultaneously.
The South Australian region is seeing a run of high prices, starting just after 6pm this evening.
Spot price volatility was observed in SA on the morning of 18 July 2024.
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 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…
An an elevated risk of the contingent disconnection of Distributed PV resurfaces for SA on 15 February 2024 with market notice 114743.
Market notice 114741 cancelled the notice of a high risk of curtailment of distributed PV in SA on 15 February 2024.
A tabular summary of how ‘declining demand’ has been an accelerating theme in most regions of the NEM (and NEM-wide) through 2023.
Fourth article today, taking a quick look at neighbouring South Australia – which has also seen a new ‘lowest ever’ level of Market Demand.
Also noteworthy on Sunday 1st October 2023 was a lower point for ‘minimum demand’ seen in South Australia … with ‘Market Demand’ down to -37MW and ‘Operational Demand’ down to 5MW (just above 0MW)
Some quick notes about volatility in SA on Friday evening 11th August 2023.
Light winds and a constrained interconnector contributed to elevated prices on 1 August 2023.
An email alert notified me of a sudden drop in wind and solar generation (primarily in VIC and SA) at around 3pm this afternoon.