This short article looks at intraday 2-hour price spreads across the NEM over this past summer, showing that volatility thinned out in most regions compared with recent summers, with a major SA price event on the 26th of January proving an outlier.
This latest instalment of our annual review into solar and wind farm curtailment across the NEM, looks at outcomes in 2025 and highlights increasingly divergent results by region and by asset as network constraints, pricing dynamics and seasonal weather conditions interact.
Victoria’s electricity demand surged past its 17-year-old record this evening as extreme heat drove intense cooling load, with market demand reaching 10,567 MW at 17:40, and still rising at the time of writing.
Market demand in Victoria has been tracking above AEMO’s earlier P30 forecasts so far today, increasing the likelihood that the region’s 17-year demand record could be challenged.
Victoria is heading into a closely watched evening, with extreme heat forecast to push market demand to within striking distance of the region’s all-time record that has stood for seventeen years.
This analysis from Endgame Analytics highlights how solar revenues are increasingly concentrated in winter and shoulder periods as daytime prices collapse. Using historical data and forward modelling, it examines what the deepening duck curve means for solar returns, risk, and the need for seasonal storage.
A quick view of our congestion map where constraints on the Heywood interconnector may elevate risk of high energy and FCAS prices this week.
For nearly a decade, we’ve published annual reviews of Q2 prices to highlight the growing volatility during this period. Here’s our latest edition, examining how Q2 2025 compared.
Allan O'Neil takes a closer look at Victorian electricity demand on Sunday, February 2nd — which stood out as an unprecedented anomaly when looking at the history of weekend demand in the region.
ez2view widgets support quick understanding of the latest declaration of low reserve conditions for VIC in 2025.
Ben Domensino of WeatherZone looks at forecasts for temperature, wind and bushfire risk early next week - with Victoria set for extreme weather.
Stratospheric warming over Antarctica may have helped bring about the extended period of strong winds in the southern NEM regions.
A short examination of some of the over-arching factors at play yesterday evening - where prices spiked above $3,000/MWh in all five regions simultaneously.
Already this evening we’ve seen a rare occurrence of price spikes in all five NEM regions simultaneously.
We just witnessed another eventful Q2, with at least four drivers contributing to significant price volatility. This is our annual review of Q2 prices, where we compare these outcomes against the long-term trend.
A brief chart to capture VIC demand climbing above expectations.
A tabular summary of how 'declining demand' has been an accelerating theme in most regions of the NEM (and NEM-wide) through 2023.
Third article today, focusing on an apparent anomaly between AEMO's P30 and P5 predispatch forecasts for Victorian demand today (Sun 31st Dec 2023).
A second article today on this challenging day for the Victorian grid, looking at which supply sources are running.
First article today, recording a new 'lowest ever' point for demand in Victoria (Sun 31st Dec 2023), and possible intervention from AEMO has it looks to drop further, leading to possible grid instability.