2022 – June – QLD (12th) and NSW, SA and VIC (13th) hit Cumulative Price Cap

On Sunday evening, 12th June 2022 the Queensland Region (after threatening for some weeks) exceeded the Cumulative Price Threshold and Administered Pricing was imposed.

In just under 24 hours, the NSW region followed QLD to the CPT and hence Administered Pricing.

Before midnight ending Monday 13th June 2022 both SA and then VIC had joined the other two.

Here’s a collation of articles written pertaining to this.

Two alternate theories of why capacity was withdrawn

Second (linked) article this evening, spelling out the two theories we’re aware of with respect to why some participants might have withdrawn capacity from the NEMDE dispatch/pricing run in June 2022 – leading to the AEMO Suspending the Market.