Price volatility in South Australia on Wednesday 27th October 2021
Some quick notes about a price spike seen over 4 dispatch intervals this morning in South Australia – Wed 27th Oct 2021.
South Australia
Recapping where the records sit, in ‘record minimum demand’ following Sunday 17th October 2021 (Part 4)
Capping off a weekend of new low points for minimum demand in NSW, and NEM-wide (and some near misses elsewhere) this table sums up where the low points sit.
Minimum Demand in South Australia drops lower on Sunday 26th September 2021
Sunny skies and mild weather in South Australia on Sunday 26th September sees a new (lower) point for ‘Minimum Demand set in the South Australian region.
Looking back at a Q2 2021 period that’s been anything but boring
Now making it 5 out of the past 6 years, we return to the analysis of electricity (spot and futures) pricing patterns for Q2 periods across the NEM regions … and also in Western Australia. We see a number of ways in which Q2 2021 was ‘anything but boring’!
Evening volatility on Tuesday 15th June 2021
It was volatile this morning well past that’s become ‘normal’ and the volatility has returned (as I expected it would) this evening. Here’s the snapshot of the 17:20 dispatch interval from one of our NEMwatch v10 dashboards: As highlighted: 1) …
Prices skyrocket across all 4 mainland regions on Wednesday 12th May
Spot prices spiked across mainland regions this evening – firstly at 17:55 (above $1,000/MWh). and then at 18:00 (up towards $15,000/MWh). Here’s a first look.
AEMO publishes Preliminary Incident Report about incident on Friday 12th March in South Australia
A short article this afternoon to link through to the Preliminary Report published by the AEMO, looking into what happened in South Australia last Friday (12th March 2021).
Down 55% – but not out
Over 2,000 MW – or around 55% – of South Australia’s firm supply capacity was unavailable last Friday evening (March 12, 2021), along with virtually all of its large-scale renewable supply (a further 1,800 MW or so) but the lights…
Repair work on Heywood continues to affect South Australian region
A different type of market notice today (speaking of potential curtailment of embedded generation in South Australia) points to the future … accelerated by Heywood repairs in this instance.
$15,000/MWh in South Australia on Friday 12th March 2021 … part 2 (what seems to have happened)
Prices have (finally!) subsided, so here’s an initial review of what I can see about what happened in South Australia on Friday evening 12th March 2021. Apologies for mistakes (it’s rushed, there will be some)…
Price spikes to $15,000/MWh in South Australia on Friday 12th March 2021 … part 1
The price has spiked in South Australia this evening (Fri 12th March 2021). Here’s Part 1…
The accelerating rise of Negative Prices in the NEM
A longer-term trend of the incidence of negative prices across each region of the NEM … and, most interestingly, the pattern by time of day.
Low demand experienced in SA on Sunday 14th February 2021
Today (Sunday 14th February 2021) ‘Scheduled Demand’ dropped down again in South Australia – almost setting a new record for ‘lowest point since the start of the NEM (excl System Black)’
New Sources of Strength
Guest author Allan O’Neil puts together an in-depth explainer about system strength and looks at the current approach to system strength management in South Australia, its impacts and the imminent installation of synchronous condensers on the SA grid.
Average spot prices through 2020 down at levels not seen for many years
Several conversations this week prompted me to update the long-term view of how spot prices have trended over time (in particular because average prices in 2020 were quite different than recent years).
Sunday 24th Jan 2021 (part 2) – down to the wire (because of bushfire) in South Australia
Second article today, focusing on what happened late in the afternoon and into the evening in South Australia.
Sunday 24th Jan 2021 – a couple discrete incidents
It was forecast it would be a hot day in the southern part of the NEM and it did not disappoint. The hot weather was one of the factors that contributed to price spikes … in Regulation FCAS, and then in QLD and later in South Australia.
High temperatures, and high demand, forecast for Monday 25th January 2021
Following several different warnings of high temperatures forecast for the lead-in to Tuesday 26th January 2021 (whatever you want to call that day) I’ve taken a quick look at what it’s currently forecast to mean for the NEM…
An evolving perspective – forecast impacts of the South Australia short, sharp ‘Circuit Breaker’ COVID response
Some brief notes about the impact that South Australia’s ‘Stay at Home’ order might have on demand in the region.
AEMO releases ‘Operational management of low demand in South Australia’
On Thursday 22nd October, the AEMO also released a short document titled ‘Operational management of low demand in South Australia’.