A collection of the articles about the confluence of events (both domestic and international) that contributed to the full-blown Energy Crisis in 2022 that’s been described as ‘worst in 50 years’
Following yesterday’s announcement of Market Suspension by the AEMO, ASX issued this response … but I’ve only had time to copy this in now: ASX Electricity Futures and Options – Response to AEMO announcement Notice reference number: 0649.22.06 Date published: 15/06/22 Effective…
A short note about the presentation to EUAA Electricity Committee on Thu 16th June 2022 about GenInsights21 … and the ‘2022 Energy Crisis’
A snapshot from the ez2view ‘NEM Prices’ widget recording a (thankfully, and hopefully short-lived) event.
Despite it being overtaken by today’s Market Suspension, with its own compensation arrangements – still might be useful for readers to be aware of these two sources of discussion about the two different sources of compensation that seemed to be at play for a few days under Administered Price Caps (APC) following Cumulative Price Threshold (CPT) being reached.
RERT (Reserve Trader) dispatched in QLD.
RERT (Reserve Trader) dispatched in NSW.
AEMO has determined that it is necessary to suspend the spot market in all regions under NER clause 3.14.3(s)3) because it has become impossible to operate the spot market in accordance with the provisions of the Rules.
The outlook continues to get worse and worse… forecast load shedding extended to NSW this evening and into QLD tomorrow as well.
A quick tabular list of the 7 cases overnight where QLD saw ‘Actual LOR2’ and/or yo-yo Available Generation
AEMO’s updated forecast for load shedding in QLD this evening is for an enormous amount (1,454MW)
A quick article Sunday evening as the Cumulative Price for the QLD region skyrockets ever so close to the Cumulative Price Threshold…
A later article reviewing how Cumulative Price in Queensland has jumped upwards this evening (towards the CPT) as a result of a solid four hours above $1,000/MWh.
Tweet at your own peril A quick mea culpa: after squinting at an ez2view layout early this morning I dashed off a tweet suggesting that six of AGL Energy’s eleven coal-fired generation units were offline – three at Bayswater, two…
Tristan Edis of Green Energy Markets explains his thoughts on what has caused the evolving energy crisis and what state and federal governments could do in response.
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.
AEMO Market Notice 96853 raises some questions about the rest of Winter 2022 … but also about the broader energy transition.
Guest author David Leitch examines the effects of recent rain and how it has disrupted coal production along the east coast.
Let’s start with this broader analysis of this 2022 Energy Crisis by looking at the long-term series of monthly average spot prices across all regions…
Have already posted a few articles today, but will leave you with a question that one of our readers asked me earlier today… It’s quite a topical question: 1) with the Cumulative Price Threshold reached in the Victorian DWGM ……