With Administered Pricing in QLD, overnight NEM activity enters the rabbit hole
First article on Monday 13th June 2022 with QLD under Administered Pricing - looking at not only QLD but also strange outcomes everywhere else...
tight supply-demand
For the 3rd time this evening … QLD at an ‘Actual LOR2’ warning level
Available Generation in QLD has been quite the see-saw following the imposition of Administered Pricing on Sunday evening, 12th June 2022. This is the 3rd occasion this evening we see 'Actual LOR2' warning.
With reserves in QLD wafer thin, here’s an ez2view of what’s running and what’s not…
Fifth article on Sunday 12th June takes a quick look at what's on (and what's not) in QLD this evening under AP with very tight margins.
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.
AEMO continues to monitor gas supplies – with respect to high demand
With respect to yesterday’s ‘Notification of Potential Gas Supply Shortfall Event’ and this evening’s tight supply-demand balance in the NEM, worth noting this AEMO tweet at 17:50 this evening: … which links to this...
Update to the precarious situation forecast for tomorrow – Thursday 2nd June 2022
There's been some movement in AEMO's forecast Lack of Reserve positions for tomorrow (Thu 2nd June 2022) but the outlook still seems to be tight...
NEM-wide IRPM drops below 15% on Wednesday 1st June 2022
Across the NEM, surplus Available Generation is less than 15% more than aggregate Market Demand ... a low IRPM.
Tight supply-demand balance forecast for QLD and NSW on Thursday 2nd June 2022
A quick look at the current forecast for tight supply-demand balance on Thursday evening 2nd June 2022
Tight supply-demand, so price volatility, in NSW and QLD on Tuesday 31st May 2022
A short look at the start of price volatility on Tuesday evening 31st May 2022
Tight supply-demand balance on Monday evening 30th May 2022 drives prices high and IRPM low
A very quick summary of market volatility touching all regions across Monday 30th May 2022 ... but particularly in the evening.
AEMO suspects possible LOR3 Lack of Reserve conditions in forecast for QLD next Monday 6th June 2022 … but it was data input error!
AEMO's Market Notice 96633 jumped off the page for us...
Queensland is back for round 2 – Wednesday 9th March 2022
Following Tuesday evening's fireworks, we take a first look at whether Wednesday evening might be a rerun.
Queensland scrapes through on Tuesday 8th March 2022 … with only 210MW spare capacity at the lowest point!
A quick look at the supply-demand balance for the QLD on Tuesday evening 8th March 2022 ... where it became very, very tight for a period of time (hence very low IRPM).
We dodged a bullet today in QLD (Tue 1st Feb 2022) … but there’s new challenges to confront tomorrow (Wed 2nd Feb 2022)
A quick look back at today (Tue 1st Feb) and look forward at tomorrow (Wed 2nd Feb).
Only 5 percent IRPM (485MW spare) in the QLD Economic Island!
We're down to 485MW of spare capacity in the QLD region ... at any price. Hold onto your hats!
Tarong unit 2 trips on Tuesday afternoon (1st February 2022)
Adding into the tight supply-demand dynamic, the coal-fired unit Tarong unit 2 tripped this afternoon.
Calls for restraint on electricity use in QLD on Tuesday 1st February 2022
The calls for restraint on energy use are an understandable step, given the very tight supply-demand balance.
Reserve Trader dispatched in QLD from 17:00 on Tuesday 1st February 2022
The AEMO has activated/dispatched Reserve Trader for later this afternoon/evening in the QLD region - beginning at 17:00 NEM time
Load Shedding (a.k.a. LOR3) forecast for QLD on Wednesday evening 2nd February 2022
AEMO forecasts possible load shedding on Wednesday evening, 2nd February 2022
QLD’s forecast LOR3 (Load Shedding) cancelled for today (Tue 1st Feb) – then reinstated, then escalated
A short morning article, looking forwards to this evening's forecast tight supply/demand balance (and possible load shedding) in the QLD region.