Price spikes in SA at 23:35 with the switch-in of off-peak hot water
A price spike late at night in South Australia, not long after posting other comments about low surplus generation capacity.
South Australia
SA prices rise as Surplus Capacity drops to levels not seen since 2004
Spot prices in South Australia have been seen to be higher in the month of April than in the prior months, which is somewhat counter-intuitive. Prices also spiked this evening on a number of occasions above $500/MWh – here’s some of the reasons why.
A late burst to summer in the south drives demand higher
Some high temperatures in Victoria and South Australia drive demand higher and, because of transmission constraints, the IRPM in the Economic Island lower.
Temperatures drive demand, and volatility, in Victoria and South Australia Monday 18th February
The price spiked yesterday (Monday 18th February) in South Australia and Victoria – here’s an overview of what happened.
A stinker today in the south – but demand barely wakes from the holiday slumber (and yet prices explode!)
A preliminary look at a number of events that happened today, leading to prices spiking to the Market Price Cap in a number of regions, Demand Side Response being very active, and trading desks being very busy.
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Following the weather warning, what’s the demand outlook in the south?
With a severe weather warning issued for much of Australia (with Sydney and Brisbane almost being the only exceptions) and lasting several days, it’s timely to look at what AEMO is forecasting demand to be in the week ahead.
To what extent is Wind reducing spot prices in South Australia?
Some starting thoughts, about the extent to which increased wind farm output has been responsible in the drop in spot prices in South Australia from the high levels seen in 2008.
Prices see-saw across the (mainland) NEM today
An interesting day in the NEM today, with prices gyrating across a wide spectrum, and across all four mainland regions – on the back of higher demand in Victoria and South Australia due to temperatures there, and supported by transmission issues and other factors.
Prices soar as the south-east sizzles – with summer arriving early
Some quick observations about the price spikes observed yesterday on the back of high temperature-driven demand in Victoria.
A very volatile day in VIC and SA (not particularly due to the Carbon Tax)
Some quick notes today, on day #2 of the Carbon Tax, prompted by some prices that jumped all around the place (not so much due to carbon, though).
A hot Saturday could have driven demand higher – but how much?
A quick look at the demand levels on Saturday 25th driven by hot weather in VIC and SA. What would have happened had this been on a weekday?
Hot in VIC and SA – but demand not climbing past the green zone
High temperatures in Victoria and South Australia – but demand is still well down on the all-time records for those regions.
Price spikes in SA and VIC on 21st April
Just after midday today (Wednesday 21st April) South Australia and Victoria experienced some high spot prices. Here’s a quick post to highlight what happened.
Playback of high prices in SA and VIC
Prices in South Australia and Victoria have been high this afternoon, jumping up over $2000 in both states at 3pm NEM-time today.
Ouch – VOLL in SA, close to midnight!
A snapshot of a price spike in SA late at night.
Heatwave ramps up in southern Australia, dragging prices higher
Some notes about the heatwave in SA and VIC, and what it means for the NEM
Temperature Spikes drive Demand higher this week
Some quick notes on what’s happened in the NEM today (17th) and yesterday (16th)
How helpful was NEMMCOs PASA process in predicting the demand spike on 29 January 2009 (part2)
Some further analysis of the MT PASA and ST PASA forecasts for other regions of the NEM (SA, TAS, NSW and QLD) for the day of 29th January 2009 – when a new record NEM-wide demand was established.
High temperatures force demand high, NEM-Wide (and prices follow)
A few brief notes about a hot day across the mainland, with demand levels high in each of the 4 mainland regions
South Australia hits the Cumulative Price Threshold
For only the 5th time in 11 years of NEM history (and the 3rd time for South Australia) four consecutive days of price spikes have forced the Cumulative Price to the Threshold, and AEMO has imposed price caps to prevent retailers from going bust.