RERT (Reserve Trader) dispatched in NSW on Tuesday evening 14th June 2022
A short note about RERT being dispatched in NSW on Tuesday evening 14th June.
Headline Events
Some key events in the NEM that carried long-term implications
Third update on Tue 14th June (19:22) – forecast LOR3 for tomorrow (Wed 15th) and Thursday 16th June
Third update for Tuesday 14th June 2022 on the forecasts for LOR3 across the NEM.
RERT (Reserve Trader) in QLD and NSW on Tuesday 14th June 2022
A quick article about reserve trader for Tuesday 14th June 2022.
AER circulates letter to remind generators of compliance obligations
Lynne Gallagher highlighted this reminder sent out to all generators from the AER, and we thought it worthwhile copying over to WattClarity here.
15:20 forecasts for LOR3 (load shedding) across the NEM for today, tomorrow (Wed 15th) and Thursday 16th June
An update on this morning’s forecasts from AEMO, published on WattClarity at ~12:00 Tuesday 14th June
When can we hope to see the return of some of these coal units?
A quick look (for Tue 14th June) of which of the coal units are expected to return to service in the coming week.
11am forecasts for LOR3 (load shedding) across the NEM for Tuesday 14th June 2022
A first look today at what’s forecast for load shedding this evening (some very large numbers for both QLD and NSW).
TAS spot price at $15,100/MWh with near-record Market Demand … and NEM-wide IRPM hits a low of 4.33% Tuesday morning
Second article this morning, highlighting the very tight supply-demand balance.
Tuesday morning’s first update – including this evening’s forecast LOR3 (load shedding) in NSW
First update on Tuesday 14th June … with load shedding still forecast for this evening in NSW
South Australia and then Victoria follow NSW in joining QLD on Administered Pricing
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.
Highlighting Coopers Gap Wind Farm rebid on Sunday evening 12th 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 review of yo-yo instance number 3 (after 22:00 on Sunday 12th June 2022)
A quick look, in between times, at ‘Incidence 03’ … which occurred after 22:00 on Sunday 12th June 2022.
IRPM on a NEM-wide basis drops down to 9% again, at 20:05
The IRPM has dropped again this evening, with drops in Available Generation outpacing drops in Demand.
Is South Australia or Victoria next to the CPT … with Administered Pricing also in NSW?
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.
Steps taken by AEMO, so we could (hopefully!) dodge the LOR3 bullet this evening
Copying in this quick update from the AEMO.
NSW smashes past Cumulative Price Threshold on Monday evening 13th June 2022
NSW has joined QLD by exceeding the Cumulative Price Threshold … and now Administered Pricing to begin.
AEMO cancels forecast load shedding (LOR3) in the QLD region for this evening
Small celebration!
IRPM drops to only 8% NEM-wide
As demand climbs into the evening the IRPM is dropping.
NEM-wide IRPM down to only 13%
It’s 17:30 and the white knuckle ride through this evening begins…
Actual LOR2 in the QLD Region
Another update late this afternoon, with Actual LOR2 in place.