Short-term wind lull on Friday 27th May 2022
A quick look into the short-term wind lull spanning more than daylight hours on Friday 27th May 2022.
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.
Blast off! Q3 base-load futures contract prices jump $30/MWh to $40/MWh on Wednesday 25th May 2022
Prompted by a tweet from Dylan McConnell, here’s a trended look at price and volume for baseload ASX Energy futures contracts for Q3 2022 (and the picture’s not pretty).
Australian domestic weekly gas prices exceed $30 per GJ for the first time
A very short note containing a graph posted by Josh Stabler yesterday, showing that a new record Australian domestic weekly gas price has been hit.
Mainland hydros running hard, as a result of the recent volatility
A short article looking at changing patterns of hydro utilisation on the mainland – particularly with recent volatility.
Valley Power peaker runs hard during Thursday 12th May and Friday 13th May 2022
Have fielded some questions recently, so thought it easiest to include this snapshot from ez2view ‘Bids and Offers’ widget looking back over the past week from now and filtered down specifically to Snowy Hydro’s Valley Power peaking facility in the…
Morning price volatility in South Australia on Tuesday 17th May 2022
A quick look at market volatility in the South Australian region of the NEM on Tuesday 17th May 2022.
Market Volatility (and low IRPM) on Monday evening 16th May 2022 in QLD region
A short article about this evening’s market volatility in the QLD region on Monday 16th May 2022
Run of price volatility in the QLD Region on Sunday evening 15th May 2022
A short note to mark this evening’s volatility in the QLD region.
Josh Stabler discusses the ‘timeline of energy scarcity’ at the EUAA conference this morning
Earlier today, Josh Stabler spoke at the Energy Users Association of Australia (EUAA) conference in Melbourne about “the timeline of energy scarcity’. His presentation focused on rising spot and futures prices throughout the four mainland regions of the NEM.
Morning volatility in South Australia on Wednesday 11th May 2022
One (of many) dispatch intervals this morning with extreme price volatility.
High prices being served up again in SA on Tuesday evening
After last night’s volatility in SA, sustained high prices have been on the menu again. With the SA spot price in quadruple digits for most of the past hour and half, hitting a peak of $9,941.06
Spot market volatility across all 4 mainland regions of the NEM – but particularly South Australia
I’ve already noted about the appropriateness of holding the EUAA National Conference this week … with gas and electricity spot prices being elevated as they have been in recent times! This evening (Monday 9th May 2022) market volatility has put…
Transmission outage on ‘Ravine to Yass (2) 330kV line’ still ongoing
The ‘N-RVYS_2’ Constraint Set continues, with delays in the outage compared with expectations last week.
Consistently elevated prices as a segue into EUAA National Conference this week
The EUAA is holding its National Conference this week in Melbourne, and we’re looking forward to being there. Elevated prices (which we have seen a lot of recently) are sure to be part of the conversation…
Drop in forecast wind conditions for Thursday 12th May 2022 briefly triggers forecasts of Load Shedding (LOR3) in South Australia
A brief look, this morning, at the (briefly) forecast Load Shedding (i.e. LOR3) conditions for this Thursday 12th May 2022 in South Australia
Evening volatility again in QLD and NSW on Thursday 5th May 2022
Thursday 5th May 2022 again sees volatility in QLD and NSW
A quick look at the (tight) QLD+NSW supply stack, on Tuesday evening 3rd May 2022
A first after-the-fact review of the price volatility seen in QLD and NSW on Tuesday evening, 2nd May 2022. What were some of the causal factors?
Volatility continues in QLD and NSW for Wednesday evening, 4th May 2022
Evening volatility re-occurs – in QLD and NSW on Wednesday 4th May 2022
Extended outage of Loy Yang A2 from 15th April 2022
A first look at the extended outage of Loy Yang A2 in Victoria following an electrical fault on Not-So-Good Friday, 15th April 2022.
April market prices surge
Guest author Carl Daley from EnergyByte provides this summary of record-setting spot price outcomes throughout April. Carl also looks at how generator outages, rising global LNG and thermal coal prices, and other factors are putting pressure on spot prices.