Some key events in the NEM that carried long-term implications
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.
A short note about RERT being dispatched in NSW on Tuesday evening 14th June.
Third update for Tuesday 14th June 2022 on the forecasts for LOR3 across the NEM.
A quick article about reserve trader for Tuesday 14th June 2022.
Lynne Gallagher highlighted this reminder sent out to all generators from the AER, and we thought it worthwhile copying over to WattClarity here.
An update on this morning’s forecasts from AEMO, published on WattClarity at ~12:00 Tuesday 14th June
A quick look (for Tue 14th June) of which of the coal units are expected to return to service in the coming week.
A first look today at what’s forecast for load shedding this evening (some very large numbers for both QLD and NSW).
Second article this morning, highlighting the very tight supply-demand balance.
First update on Tuesday 14th June … with load shedding still forecast for this evening in NSW
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.
Will need more time to think why Coopers Gap WF would bid in this way on Sunday evening with ‘Actual LOR2’ notices at play.
A quick look, in between times, at ‘Incidence 03’ … which occurred after 22:00 on Sunday 12th June 2022.
The IRPM has dropped again this evening, with drops in Available Generation outpacing drops in Demand.
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.
Copying in this quick update from the AEMO.
NSW has joined QLD by exceeding the Cumulative Price Threshold … and now Administered Pricing to begin.
Small celebration!
As demand climbs into the evening the IRPM is dropping.
It’s 17:30 and the white knuckle ride through this evening begins…