Brief period of ‘Actual LOR2’ in the SA region Friday evening 27th October 2023 with low wind and constrained imports
A quick review of a short period of ‘Actual LOR2’ in the South Australian region on Friday evening 27th October 2023.
tight supply-demand
Evening volatility in QLD and NSW on Wed 21st June 2023
A quick report on some market volatility in QLD and NSW on Wednesday 21st June 2023.
A cold evening drives NEM-wide demand high, and IRPM low, on Tuesday 20th June 2023
The ‘Australian Energy Week’ conference this week in Melbourne, and the NEM this evening has given a real-time example of some energy transition challenges.
IRPM drops below 15% on Tuesday 23rd May 2023
A short article this evening noting IRPM has dropped below 15% on a NEM-wide basis (a tight supply-demand balance).
NEMwide IRPM drops below 15% (at 17:55) on Wednesday 10th May 2023
The IRPM has dropped below 15% across the NEM on Wednesday 10th May 2023 … first time this has happened since the stressful winter 2022.
Actual LOR2, and a run of volatility in NSW and QLD … only 34 days till the closure of Liddell unit 4
Looks like we’ve (sort of) dodged the Reserve Trader bullet on Thursday evening 16th March 2023 … but still poses plenty of questions.
RERT cost estimates released for 3 February 2023
Estimated RERT costs published, pushing past the market price cap for dispatched volumes.
A burst of heat and volatility in QLD on Tuesday 31st January 2023
A quick recap of some market volatility (and other developments) in QLD on Monday 31st January 2023
Long-range trend of Instantaneous Reserve Plant Margin (IRPM) and focus on Q3 2022 – from GenInsights Quarterly
One of the metrics we introduced into GenInsights Quarterly Update for 2022 Q3 was a long-range review of IRPM (Instantaneous Reserve Plant Margin). In this article we share a little of what we found.
NEM-wide IRPM drops below 15% on Monday 5th September 2022
A quick second article today, with IRPM down below 15% on a NEM-wide basis.
Substantially different than a year ago, the 2022 ESOO points to challenges ahead in the supply/demand balance
With the AEMO releasing the 2022 ESOO on Wednesday morning 31st August 2022 with the limited time I have available right now I’ve had a quick look, and in this article highlight some things that jumped out to me.
RERT dispatched in QLD – at 17:00 on Tuesday 5th July 2022
RERT (Reserve Trader) dispatched in QLD.
RERT may be triggered this evening – Tuesday 5th July 2022?
This morning (Tue 5th july 2022) AEMO announces it may see the need to trigger Reserve Trader this evening.
(Somewhat artificially) low NEM-wide IRPM on Wednesday evening 22nd June … looking forward to possible easing of Suspension on Friday morning
A quick look at the NEM on Wednesday evening, with thoughts to the near future.
Wafer thin margin Friday evening, NEM-wide [caveat = based on generation bid available for NEMDE pricing/dispatch]
A quick snapshot for NEM-wide Instantaneous Reserve Plant Margin down at 3% at 23:45 on Friday evening 17th June 2022.
15:20 forecasts for LOR3 (load shedding) across the NEM for today, tomorrow (Wed 15th) and Thursday 16th June
An update on this morning’s forecasts from AEMO, published on WattClarity at ~12:00 Tuesday 14th June
11am forecasts for LOR3 (load shedding) across the NEM for Tuesday 14th June 2022
A first look today at what’s forecast for load shedding this evening (some very large numbers for both QLD and NSW).
TAS spot price at $15,100/MWh with near-record Market Demand … and NEM-wide IRPM hits a low of 4.33% Tuesday morning
Second article this morning, highlighting the very tight supply-demand balance.
IRPM on a NEM-wide basis drops down to 9% again, at 20:05
The IRPM has dropped again this evening, with drops in Available Generation outpacing drops in Demand.
IRPM drops to only 8% NEM-wide
As demand climbs into the evening the IRPM is dropping.