The first working day of summer sees volatility return in Victoria and South Australia
A snapshot from NEM-Watch capturing the first volatility seen this summer
Victoria
Wild price gyrations in Victoria (and elsewhere) today following a station trip at Yallourn
An animation of 90 minutes this morning where the price gyrated wildly in response to a trip at Yallourn, and numerous subsequent reactions by market participants and the AEMO.
The return of the evening price spikes as the winter demand shape arrives a little early
The distinctive winter demand shape returns – and with it comes the evening peaks in prices (even on a Sunday).
Highest electricity demand for Victoria in four years last Tuesday (12th March) – and 400MW of DSR operates
Following some tweets from the esaa mentioning how the demand in Victoria on Tuesday 12th March was the highest seen for four years, we had a look back through our records on the day.
A late burst to summer in the south drives demand higher
Some high temperatures in Victoria and South Australia drive demand higher and, because of transmission constraints, the IRPM in the Economic Island lower.
Temperatures drive demand, and volatility, in Victoria and South Australia Monday 18th February
The price spiked yesterday (Monday 18th February) in South Australia and Victoria – here’s an overview of what happened.
A stinker today in the south – but demand barely wakes from the holiday slumber (and yet prices explode!)
A preliminary look at a number of events that happened today, leading to prices spiking to the Market Price Cap in a number of regions, Demand Side Response being very active, and trading desks being very busy.
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Following the weather warning, what’s the demand outlook in the south?
With a severe weather warning issued for much of Australia (with Sydney and Brisbane almost being the only exceptions) and lasting several days, it’s timely to look at what AEMO is forecasting demand to be in the week ahead.
Prices see-saw across the (mainland) NEM today
An interesting day in the NEM today, with prices gyrating across a wide spectrum, and across all four mainland regions – on the back of higher demand in Victoria and South Australia due to temperatures there, and supported by transmission issues and other factors.
Prices soar as the south-east sizzles – with summer arriving early
Some quick observations about the price spikes observed yesterday on the back of high temperature-driven demand in Victoria.
Yallourn is limping back into service
Following some questions yesterday (from clients and others) we take a quick look at how Yallourn Power Station is progressing in coming back from outage caused by inundation from the nearby river.
A very volatile day in VIC and SA (not particularly due to the Carbon Tax)
Some quick notes today, on day #2 of the Carbon Tax, prompted by some prices that jumped all around the place (not so much due to carbon, though).
A hot Saturday could have driven demand higher – but how much?
A quick look at the demand levels on Saturday 25th driven by hot weather in VIC and SA. What would have happened had this been on a weekday?
Hot in VIC and SA – but demand not climbing past the green zone
High temperatures in Victoria and South Australia – but demand is still well down on the all-time records for those regions.
Price spikes in SA and VIC on 21st April
Just after midday today (Wednesday 21st April) South Australia and Victoria experienced some high spot prices. Here’s a quick post to highlight what happened.
Playback of high prices in SA and VIC
Prices in South Australia and Victoria have been high this afternoon, jumping up over $2000 in both states at 3pm NEM-time today.
Heatwave ramps up in southern Australia, dragging prices higher
Some notes about the heatwave in SA and VIC, and what it means for the NEM
Temperature Spikes drive Demand higher this week
Some quick notes on what’s happened in the NEM today (17th) and yesterday (16th)
High temperatures force demand high, NEM-Wide (and prices follow)
A few brief notes about a hot day across the mainland, with demand levels high in each of the 4 mainland regions
Prices spike in South Australia today
Some quick notes about another price spike today in the South Australian region of Australia’s National Electricity Market