The return of the evening price spikes as the winter demand shape arrives a little early
The distinctive winter demand shape returns – and with it comes the evening peaks in prices (even on a Sunday).
The distinctive winter demand shape returns – and with it comes the evening peaks in prices (even on a Sunday).
Augurs to be an interesting day in South Australia today, with two (now three) price spikes already this morning – due in part to no supplies from coal, or from wind.
A price spike late at night in South Australia, not long after posting other comments about low surplus generation capacity.
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.
Some high temperatures in Victoria and South Australia drive demand higher and, because of transmission constraints, the IRPM in the Economic Island lower.
The price spiked yesterday (Monday 18th February) in South Australia and Victoria – here’s an overview of what happened.
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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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.
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.
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.
Some quick observations about the price spikes observed yesterday on the back of high temperature-driven demand in Victoria.
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 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?
High temperatures in Victoria and South Australia – but demand is still well down on the all-time records for those regions.
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.
Prices in South Australia and Victoria have been high this afternoon, jumping up over $2000 in both states at 3pm NEM-time today.
A snapshot of a price spike in SA late at night.
Some notes about the heatwave in SA and VIC, and what it means for the NEM
Some quick notes on what’s happened in the NEM today (17th) and yesterday (16th)
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.