Victoria’s ‘Market Demand’ low point drops further–on Sunday 12th November 2023
A quick record of Sun 12th Nov 2023, with ‘minimum demand’ dropping further in Victoria
Victoria
New ‘lowest ever*’ points for Market Demand–in Victoria and NEM-wide on Saturday 16th September 2023 (and record high IRPM)
A quick capture of an unfolding situation on Saturday 16th Sept 2023 – seeing record low demand (in VIC and NEM-wide), and highest ever IRPM.
AGL Energy and VIC Govt entered into ‘Structured Transition Agreement’ relating to Loy Yang A
An article at the end of the week in which AGL Energy announced the establishment of a Structured Transition Agreement (STA) with respect to Loy Yang A and the notice of closure for 30th June 2035.
After the storm: Looking at Q2 2023 price trends, one year on from an Energy Crisis
One year on from a market-wide suspension, Dan Lee provides a review of Q2 prices for 2023 so that we can examine some of the longer-term price trends.
AEMO preliminary report on VIC region suspension (loss of SCADA) on 22nd April
Here’s where to find AEMO’s preliminary report on the loss of SCADA on 22nd April 2023 in Victoria that led to that region being suspended for more than 24 hours.
Price volatility in VIC and SA on a warm summer evening, Thursday 16th February 2023
A quick post about some evening volatility in VIC and SA
Victorian minimum demand drops lower on Sunday 18th December 2022
A series of SMS alerts today, whilst I was out-and-about prompted me to take a look at the new low point for Victorian minimum demand on Sunday 18th December 2022.
Dan Andrews used that* four letter word to launch their Election Energy Policy
Last Thursday 20th October the Victorian Labor Government, in the midst of seeking re-election, had its own turn at releasing an Energy Policy that caused quite a stir…
How much capacity would be required to replace Loy Yang A power station?
Following the published note of scepticism/concern about the energy transition from several industry CEOs in the AFR on Friday, we take a quick look at the replacement capacity needs just for Loy Yang A power station to illustrate the enormous scale of the challenge.
‘Market Demand’ in Victoria drops to a new low point on Sunday 2nd October 2022 … and ‘Operational Demand’ as well
A short article with the Victorian ‘Market Demand’ dropping to new low point for minimum demand on Sunday 2nd October 2022.
South Australia and then Victoria follow NSW in joining QLD on Administered Pricing
All four mainland regions of the NEM are now under Administered Pricing … with SA and then VIC joining NSW and QLD in quick succession Monday evening 13th June 2022.
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.
Is South Australia or Victoria next to the CPT … with Administered Pricing also in NSW?
With NSW under Administered Pricing now (<24 since QLD hit that mark) we look at other regions and who might be next domino to fall.
Bizarre pricing continues outside of the QLD region
At 22:40 the price exceeds $10,000/MWh in NSW, VIC and SA … with QLD under Administered Pricing.
After AP is imposed in QLD, volatility started elsewhere
Volatility has ramped up in NSW, VIC, SA and TAS (particularly SA) with QLD under Administered Pricing.
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.
Valley Power peaker runs hard during Thursday 12th May and Friday 13th May 2022
Have fielded some questions recently, so thought it easiest to include this snapshot from ez2view ‘Bids and Offers’ widget looking back over the past week from now and filtered down specifically to Snowy Hydro’s Valley Power peaking facility in the…
Spot market volatility across all 4 mainland regions of the NEM – but particularly South Australia
I’ve already noted about the appropriateness of holding the EUAA National Conference this week … with gas and electricity spot prices being elevated as they have been in recent times! This evening (Monday 9th May 2022) market volatility has put…
Extended outage of Loy Yang A2 from 15th April 2022
A first look at the extended outage of Loy Yang A2 in Victoria following an electrical fault on Not-So-Good Friday, 15th April 2022.
Ten hours of prices above $100/MWh overnight, across *all* regions
I’m greeted this morning with a view of how prices have remained stubbornly elevated all the way through 10 hours overnight… in all regions!