‘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.
Victoria
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!
Demand response dispatched on January 31 2022 in Victoria
Recent WDR activity on January 31 took advantage of the spicy Victorian wholesale energy prices that eventuated in the late afternoon and early evening under unusual circumstances.
Price volatility (and low IRPM) on Monday 31st January 2022 – in QLD, VIC, SA (a first initial review)
A short (and first) look at some of the market activity on a volatile evening in several regions – SA and VIC, and with QLD joining the fray a bit later.
‘Market Demand’ in Victoria moves a shade lower on Tuesday 28th December 2021 … but not quite, for Operational Demand
A quick look at Tuesday 28th December 2021 – when ‘Market Demand’ (but not ‘Operational Demand’) fell a shade lower than the prior low point record.
Updated tabulated record of minimum demand points – for each region, and NEM-wide – following 31st Oct 2021
Updating the minimum demand records, following new low points seen for VIC and SA (but not NSW, as I had thought earlier) for Minimum Demand.
New Minimum Demand point also set for Victoria on Sunday 31st October 2021
Second region today (Sun 31st Oct 2021) to see a new ‘minimum demand’ record was the Victorian region … when looking at Scheduled Demand (after correcting my mistake about NSW).
Storms in Victoria on leave ~500,000 without power
A short note about the storms that left approximately 500,000 people without power in Victoria on Friday 29th october 2021
Recapping where the records sit, in ‘record minimum demand’ following Sunday 17th October 2021 (Part 4)
Capping off a weekend of new low points for minimum demand in NSW, and NEM-wide (and some near misses elsewhere) this table sums up where the low points sit.
Perhaps some early changes with Bid Strategy, with Five Minute Settlement
Another interim build of ez2view gives me an excuse to have another look at changes in bidding patterns at selected Wind, Solar and Coal units.
Victoria Big Battery restarts operations following EnergySafe Victoria report
Two separate alerts received today about the Victoria Big Battery sent me looking for more information…