The Contagion of Scarcity
Guest author, Josh Stabler of Energy Edge, provides a look into the ‘contagion of scarcity’ events impacting the market since mid-May 2021.
winter
New all-time record for NEM-wide wind production on Saturday 24th July 2021 (above 6,000MW for the first time)
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).
Tight supply/demand balance delivers price spike in QLD on Wednesday evening 21st July
A short note about the first of a number of dispatch interval price spikes in the QLD region on Wednesday evening, 21st July 2021.
NEM-wide scheduled demand exceeds 31,000MW and IRPM drops to 11.93% on Monday 5th July 2021
Quick notes about the winter evening peak in demand on Monday 5th July 2021
Reflections (from afar) on the electricity shortages and load shedding in Texas
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.
Diving deeper (part 2), about low demands on Saturday 29th August 2020
Prompted, in part, by yesterday’s record low for Victorian demand, today I have finished off my earlier review of what happened on Saturday 29th August (8 days earlier) when demand levels also dropped in VIC, and right across the NEM.
Victorian Scheduled Demand plunges in the middle of the day, Saturday 29th August 2020 (a new daytime record low in NEM times?)
Have not checked thoroughly, but a quick scan suggests that the low point for Victorian Scheduled Demand at 13:05 today was a new record for minimum (daytime) demand. If it is, this would be an uncanny coincidence given …
Some late winter mainland volatility – Monday evening, 24th August 2020
Some SMS alerts notified me of some volatile dispatch intervals this evening in mainland regions. So I took a quick look…
The NEM consumes (at least) 10GW of supply from renewable plant on Sunday 19th July 2020
A short review, as it happens, on a day where renewable production reached 10,000MW in aggregate across the NEM.
Saturday 4th July 2020 sees QLD spot prices crunched over long periods of the day, with solar booming
Some quick reflections on a day that saw spot prices in QLD down below $0/MWh for most of the period seeing strong daylight hours, hence strong injections from rooftop PV systems.
‘Dunkelflaute’ Down Under
Yesterday evening (Tue 9th June 2020) saw an example of ‘dunkelflaute’ across the NEM. It’s a phenomenon we will see increasingly as the transition progresses, so it’s something we should be seeking to understand, and address, with real world solutions and not rose coloured glasses.
Sunshine State forgets its own branding on Saturday 23rd May 2020
Analysis compiled to explore what the impact was of the unusual weather pattern (extensive cloud cover and cold temperatures) seen across a large part of Queensland on Saturday 23rd May 2020.
Recapping a shaky week for the supply-demand balance in the NSW region last week (Mon 4th June to Fri 8th June 2018)
The start of some analysis that helps to identify the variety of factors that combined to give a shaky balance between supply and demand in NSW last week.
Winter 2018 in the NEM
A collection of articles about events that occurred through winter 2018 in the NEM (i.e. from 1st June to 31st August 2018)
Where’s the wind gone? NEM-wide wind farm operation lowest in 5 years (maybe ever, on like-for-like basis?)
A brief look, in the time available today, at a truly remarkable low point in aggregate wind farm output across the NEM through June 2017
Package of “reduce electricity prices in QLD” measures seen to reduce hedge contract prices
A quick look at how the wholesale contracts market reacted to the announced bundle of measures by the Queensland Government, aimed at reducing the cost of electricity to energy users.
Winter 2017 in the NEM
A collection of articles posted about Winter 2017 in the NEM
How have weather patterns influenced Victorian electricity demand so far this winter?
Our guest author, Rob Davis, provides insights on how weather patterns are contributing to electricity consumption this winter – particularly in Victoria.
Reviewing Q2 prices – short-term excursion, or more systemic change in pricing patterns?
Some initial analysis about the remarkable pricing outcomes seen across all regions of the NEM through Q2 2016
Exceptional pricing during Q2 in South Australia (but really across all regions) hurting major energy users
Some brief notes about a changed pricing pattern observed in Q2 2016