A short article on Saturday about an AER’s publication that was released in the past week … a review of 2023 Q3.
The ‘Australian Energy Week’ conference this week in Melbourne, and the NEM this evening has given a real-time example of some energy transition challenges.
Worth a short note that (on the first official day of winter … though in temperature terms it started some weeks ago) they have published a Media Release ‘AEMO forecasts improved winter 2023 for Australia’s energy system, risks remain’ that…
A short article this evening noting IRPM has dropped below 15% on a NEM-wide basis (a tight supply-demand balance).
QLD ‘Market Demand’ is dropping past prior low point (excluding 25th May 2021 with the loss of load).
Adding to the complexity of a dire supply-demand balance, aggregate production from wind has dropped below 1000MW today.
A brief note about this morning’s volatility.
A news article this morning along the lines of ‘coldest in 100 years’ jumped out at me.
On Tuesday evening (7th June 2022) the NEM exceeded 32,000MW for a brief period of time … we have a quick look at how this stacks up against prior winter period peak demand events.
A short article to document another volatility evening.
With respect to yesterday’s ‘Notification of Potential Gas Supply Shortfall Event’ and this evening’s tight supply-demand balance in the NEM, worth noting this AEMO tweet at 17:50 this evening: … which links to this short update on the AEMO website,…
At 16:40 the price spiked above $1,000/MWh for the first time this evening.
A quick look at this morning’s volatility – and also with respect to coal unit availability prior to the expected tight conditions this evening.
Across the NEM, surplus Available Generation is less than 15% more than aggregate Market Demand … a low IRPM.
AEMO asks gas-fired generators, in particular, to reassess their forecast capability for the week ahead.
Guest author, Josh Stabler of Energy Edge, provides a look into the ‘contagion of scarcity’ events impacting the market since mid-May 2021.
Saturday evening 25th July 2021 saw the instantaneous production from wind farms across the NEM surge past 6,000MW for the first time and set a new ‘all-time’ record that’s substantially higher than the previous record (set only a few days beforehand).
A short note about the first of a number of dispatch interval price spikes in the QLD region on Wednesday evening, 21st July 2021.
Quick notes about the winter evening peak in demand on Monday 5th July 2021
Watching what’s unfolded in Texas over the past 24 hours has been rather disconcerting … but also prompted questions about the broader energy transition. Here are some thoughts.