Wholesale Demand Response in the NEM – One year on by the numbers
Casting a look over wholesale demand response in the NEM, one year on, how has participation grown and the capability been used?
spot price volatility
530MW loss of electrical load in Tasmania on Friday 14th October 2022
Some quick notes of a sizeable loss of load in Tasmania and a volatility situation that is ongoing as I hit ‘publish’ at 11:50 NEM time.
Overnight volatility in South Australia – part 1
A run of volatility in South Australia lasting ~90 minutes triggered a few alerts.
There’s plenty of wind, but the SA price is still spiking today (Wed 7th Sept 2022)
A quick marker for some volatility thus far today in South Australia.
Morning volatility in South Australia on Thursday 1st September 2022
This morning have been greeted to a run of SMS alerts for volatility in South Australia.
Morning, afternoon and evening volatility in South Australia on Friday 26th August 2022
It’s been recurrent volatility in South Australia today.
Market volatility on Wednesday 10th August 2022 (incl FCAS prices going haywire) – Failure of Market Systems?
A short initial article to flag market volatility on Wednesday 10th August 2022 which sees ENERGY prices elevated (particularly TAS) and also Contingency FCAS prices at MPC
Spot price volatility in South Australia Thursday morning 28th July – second morning in a row
A quick record of some morning volatility in South Australia before the sun rises (second morning in a row)
Price volatility on Monday evening 11th July with ‘Market Demand’ near 31,000MW
A quick record of spot price volatility on Monday evening, 11th July 2022.
Market volatility on Monday 27th June 2022
The price has been spiking on Monday evening 27th June 2022.
Bizarre pricing continues outside of the QLD region
At 22:40 the price exceeds $10,000/MWh in NSW, VIC and SA … with QLD under Administered Pricing.
After AP is imposed in QLD, volatility started elsewhere
Volatility has ramped up in NSW, VIC, SA and TAS (particularly SA) with QLD under Administered Pricing.
South Australia spikes, with Heywood unconstrained … with QLD under Administered Pricing
A follow-on from Administered Pricing in QLD is the start of some head-scratching market outcomes … such as this spike in South Australia.
QLD volatility Sunday evening explodes past the Cumulative Price Threshold (CPT)
A quick article Sunday evening as the Cumulative Price for the QLD region skyrockets ever so close to the Cumulative Price Threshold…
Four hours at above $1,000/MWh drives Cumulative Price well above $1,100,000 and close to Cumulative Price Threshold in QLD on Friday evening 10th June 2022
A later article reviewing how Cumulative Price in Queensland has jumped upwards this evening (towards the CPT) as a result of a solid four hours above $1,000/MWh.
Friday evening volatility in the QLD Region (escalated to actual LOR2)
Price volatility has returned to the QLD region on Friday evening 10th June 2022.
Friday (10th June) morning volatility in QLD and NSW
A brief note about this morning’s volatility.
QLD’s morning volatility more extreme on Thursday 9th June
Price volatility in the QLD region rose to another level on Thursday morning, 9th June 2022
Queensland spot prices on Wed 8th June 2022 … a (discordant?!) Symphony in 3 Movements
Wednesday 8th June 2022 saw bust-boom-bust supply-demand balance, with yo-yo pricing resulting. Very topical, given discussions in various parts about a capacity market.
Evening price volatility on Tuesday 7th June 2022
A quick look at the start of price volatility on Tuesday evening, 7th June 2022