Initial Review of price volatility in NSW in early afternoon Friday 6th December 2024
For several reasons, we’ve reviewed some afternoon volatility in NSW on Friday 6th December 2024.
VIC1-NSW1
The most recent 14 days of data for VIC1-NSW1
Here’s a quick 14-day review of the operation of the VIC1-NSW1 interconnector, including the price difference across it.
Here’s a few things to watch, w.r.t. the forecast tight supply-demand balance in NSW (and QLD) for early next week
In this article on Wednesday evening 20th November 2024 we suggest a couple factors to keep an eye on, leading into the expected tight supply-demand balance (and possible load shedding) in NSW on Tuesday 26th November 2024.
An inter-regional interconnector refers to *the whole of* the transmission path between RRNs
We already noted this a few times recently, but we thought it would be worth separating out as its own article under the ‘Energy Literacy’ category, as it’s likely we’ll be referring back to it increasingly in future.
Burst of volatility in QLD and NSW, on Friday evening 15th November 2024
A very quick record of evening volatility in QLD and NSW on Friday 15th November 2024.
Evening volatility in QLD and NSW (and low IRPM) on Monday evening 11th November 2024
Monday evening 11th November 2024 sees volatility return in QLD initially, and soon also in NSW.
Reviewing the ‘N-MNYS_5_WG_CLOSE’ Constraint Set, as a major factor in recent northern volatility
As time permits, we’re chipping away at an exploration of the volatility in QLD and NSW on Thursday 7th November 2024. In this article we take another step in understanding the ‘N-MNYS_5_WG_CLOSE ’ constraint set.
A much shorter run of evening volatility in QLD and NSW on Friday 8th November 2024
There were not as many SMS pings on Friday 8th November 2024 as there were for price alerts the day before, with the only 4 dispatch intervals in QLD and NSW above $1,000/MWh.
VIC1-NSW1 interconnector unable to Target Flow north, on Thursday afternoon-evening 7th November 2024
A quick summary about the presence of constraints limiting the ability of the southern regions to help, via the VIC1-NSW1 interconnector, on Thursday 7th November 2024.
Forecast tight supply-demand balance (i.e. LOR2) for QLD and NSW on Thursday evening 7th November 2024
Worth a short note, given the alerts from ez2view have continued to buzz in recent days, as the AEMO continues to update forecast LOR2 warnings for both QLD and NSW regions for Thursday 7th November 2024.
~80 minute run on spot price volatility in NSW on Tuesday 7th May 2024
A second article providing some more detail on the spot price volatility in NSW on Tuesday evening 7th May 2024
Focusing on VIC exports (and imports) with the ‘Major Power System Event’ on Tuesday 13th February 2024
In this article we look again at Tuesday 13th February 2024 (Victoria’s ‘Major Power System Event’) and sum up the impact of the event on net exports from Victoria over a 14-hour period, but particularly around ~13:08 when the towers were downed.
Background information about the Victorian Big Battery and the SIPS service (System Integrity Protection System)
Prompted by the other article today, I’ve taken a look at published information about the required operations of the Victoria Big Battery (VBB) under the System Integrity Protection System (SIPS).
A first look at the NSW price spike at 15:10 (NEM time) on Thu 29th Feb 2024
Took a first look at the 15:10 price spike to the $16,600/MWh Market Price Cap in NSW on Thu 29th Feb 2024.
Weird and wacky (erroneous?) transmission transfer limits for VIC1-NSW1 and Basslink on Tuesday 13th February 2024
A short article to record a question from a client that we did not have time to investigate further today.
Disallowed flow north on VIC1-NSW1 another significant factor in tight supply-demand in NSW + QLD
A quick look at how restrictions in southern NSW meant that Victoria could not export to NSW through the afternoon … hence contributing to the tight supply-demand situation.
NSW ‘Market Demand’ climbs past 13,000MW – and IRPM drops – but prices stay moderate
NSW ‘Market Demand’ exceeds 13,000MW for the first time today (Thu 14th Dec 2023)
Brief period of spot volatility in QLD and NSW on Tuesday evening 5th December 2023
Some volatility in QLD and NSW on Tuesday 5th December 2023.
What’s happening around Wagga?
Guest author, Allan O’Neil, takes a detailed look at how VIC1-NSW1 transfer capability has been limited frequently due to constraints related to the 051 line in southern NSW, and what it means in terms of inter-regional settlements residue accumulations, market efficiency overall, and the energy transition.
Whiplash on VIC1-NSW1
A quick article recording the large reversal in Target Flow on VIC1-NSW1 interconnector … something we are seeing increasingly frequently.