How bidding at Semi-Scheduled units has adjusted for the moving target of ‘negative LGC’
Following a couple articles about the downwards trend of spot LGC price, we look at how that's fed into 'negative LGC' bid prices for VRE.
Long term trend of bidding behaviours
Updated trend of ‘ENERGY’ bids in red, green and blue
Last Tuesday 23rd April 2024 I spoke with an audience organised by BofA Securities with respect to ‘Risk, Uncertainty and Volatility in the energy transition’. Here's one illustration of why the spread of spot prices in the NEM has been increasing in recent years.
Prior to the wider release of the GSD2020 … here’s a 10-year trend of bidding behaviour
A chart we threw together quickly at Beer O'Clock today (from the imminent release of the GSD2020) was worth sharing more broadly on WattClarity today...
Longer-term trends of low (and high) dispatch prices in the NEM across all regions.
Our various dashboard views of the NEM (NEMwatch, ez2view and deSide) have been showing what's seemed like increasing numbers of zero and negative prices in the NEM recently - particularly in QLD. Coupled with this we've seen various commentary on social media. Hence we took...