AEMO released Compensation Update for June 2022 events
A short note flagging AEMO's publication (dated 15th August 2022) about compensation payments for the June 2022 events.
Seasonal Record of Events in the Market
Collections of events that we see happening in the NEM, categorised in terms of the seasons in which they occur.
Case Study of Wednesday 10th August 2022 – Part 1 (Response of Wind Farms)
Walking through some of the responses I can see in 19 of 67 Wind Farm units on Wednesday 10th August 2022 ... when a software glitch delivered extreme contingency FCAS prices across all regions...
QLD minimum demand drops lower still on Sunday 14th August 2022
A short note on Sunday 14th August 2022 with electricity demand in QLD hitting new low points.
Load shedding *briefly* forecast for South Australia on Monday evening 15th August 2022
Another interesting development (briefly) on Wed 10th August was forecast load shedding for South Australia on Monday 15th August 2022
Market volatility on Wednesday 10th August 2022 (incl FCAS prices going haywire) – Failure of Market Systems?
A short initial article to flag market volatility on Wednesday 10th August 2022 which sees ENERGY prices elevated (particularly TAS) and also Contingency FCAS prices at MPC
New lowest point for QLD ‘Market Demand’ on Sunday 7th August … excluding outages
QLD 'Market Demand' is dropping past prior low point (excluding 25th May 2021 with the loss of load).
All time record for wind production, NEM-wide, ratchets further on Thursday 4th August 2022
The 'all time maximum wind production' record has been increased again (actually twice) during this windy spell.
Spot price volatility in South Australia Thursday morning 28th July – second morning in a row
A quick record of some morning volatility in South Australia before the sun rises (second morning in a row)
Non-credible contingency event (and ~40MW loss of load) in country NSW early this morning
A short article about loss of supply to customers in western NSW (in the 'West Murray' area) early Monday morning, and and tripping of a number of generation and other plant.
Gas supply constraints spill into the NEM – two Victorian gas-fired generators directed offline
AEMO has directed two gas-fired generators in Victoria offline due to suspected gas supply limitations.
AEMO’s ‘Threat to System Security’ in the gas market in relation to Iona storage levels
AEMO issues another 'Threat to System Security' notice for the gas market ... which might flow through to electricity.
New all-time record for wind output, NEM-wide on Saturday 16th July 2022
Saturday evening saw a new all-time record for aggregate wind farm production across the NEM.
Burst of extreme prices across the NEM on July 14th 2022
A short note about prices spikes occurring in the four mainland NEM regions simultaneously this evening.
Price volatility on Monday evening 11th July with ‘Market Demand’ near 31,000MW
A quick record of spot price volatility on Monday evening, 11th July 2022.
AEMC published update on Compensation Claims under APC
On 4th July the AEMC published their second 'Notice of Receipt of Claims' with respect to compensation under the Administered Pricing period in June 2022.
Morning volatility in South Australia on Friday 8th July 2022
A quick look at this morning's volatility in South Australia.
RERT dispatched in QLD – at 17:00 on Tuesday 5th July 2022
RERT (Reserve Trader) dispatched in QLD.
Significant (~1,300MW) drop in Available Generation in QLD on Tuesday morning 5th July
This morning we also saw a sizeable drop (just over 1,300MW) in Available Generation the QLD region ... which appears to have triggered an 'Actual LOR2' condition.
RERT may be triggered this evening – Tuesday 5th July 2022?
This morning (Tue 5th july 2022) AEMO announces it may see the need to trigger Reserve Trader this evening.
Actual LOR1 and $15,500/MWh in the QLD region on a cold/dreary Monday evening 4th July 2022
A quick article Monday evening about volatility in QLD.