Collections of events that we see happening in the NEM, categorised in terms of the seasons in which they occur.
It was volatile this morning well past that’s become ‘normal’ and the volatility has returned (as I expected it would) this evening. Here’s the snapshot of the 17:20 dispatch interval from one of our NEMwatch v10 dashboards: As highlighted: 1) …
A media release by EnergyAustralia this afternoon (Tue 15th June) about Yallourn mine flooding prompts an updated look on Wattclarity…
Morning spot price volatility in the QLD region persists further into the morning (Tue 15th June) than has become expected.
A short note on Tuesday morning to highlight that YWPS3 has re-joined YWPS1 back online.
A short note to recognise the spot price volatility continuing for Monday 14th June 2021.
A Saturday morning review of the situation in Victoria, with supplies from Yallourn restricted due to flooding in the Latrobe Valley … coincident with other factors
First price spike at sunset (Friday 11th June 2021) … presumably with a number more bounces to go through the evening.
Flooding in the Latrobe Valley town of Traralgon raises questions about whether there is any effect on the brown coal generators.
A short note about some further delays in return to service for Callide B1 and C3 … though earlier return for B2
A short article noting volatility rolls into Thursday evening, 10th June 2021
In this article we discuss the 1st of 3 Potential Tripwires that wholesale market participants and others will encounter from October 2021 … with Tripwire #1 coming from the implementation of Five Minute Settlement.
A short note about the first of the volatility on Wednesday 9th June 2021.
A quick note on Tuesday evening, looking ahead to Thursday (10th June) with AEMO forecasting LOR2 in NSW with the cold snap, and enquiring about Generator Recall.
Discussion in a number of different places (including an AFR article today) prompted me to pull some data together of how (spot and futures) prices have trended through 2021, and how they changed with the Callide C4 problems.
High Contingency FCAS prices (Raise 6 second) in response to what’s happened at Callide Power Station drove the Cumulative Price to (6 times) the Cumulative Price Threshold. Administered Pricing began Saturday evening for QLD.
Evening spot price volatility has become a regular thing – here’s some of it for Thursday 3rd June 2021
A client sent in this ez2view image this afternoon pointing out another factor that’s been occurring in the absence of 4 x Callide units – markedly increased production from gas-fired generation.
Only two dispatch intervals (thus far?) of extreme pricing tonight for QLD and NSW (Wed 2nd June 2021). Here’s the first one…
A note of thanks to Mark Ludlow at the AFR for the compilation of some great initial information about what happened at Callide C4 unit just over a week ago (on Tue 25th May 2021).
For ease of future reference, here is the list of events that occurred on Tuesday 25th May 2021 … as we (currently) see them.