Spot gas prices hit $20/GJ on Tuesday 6th July
A short record of gas prices being up at $20/GJ and above through a cold spell for winter, with other factors at work.
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.
NEM-wide scheduled demand exceeds 31,000MW and IRPM drops to 11.93% on Monday 5th July 2021
Quick notes about the winter evening peak in demand on Monday 5th July 2021
Price volatility in the QLD region on Saturday 3rd July 2021
A rainy Saturday morning reminds us the price volatility for Q2 in QLD has not totally gone away … with elevated prices for ENERGY and also Contingency FCAS (Raise 6 second and Raise 60 second).
Yallourn unit 4 back online on Friday 2nd July 2021
On Friday evening (2nd July 2021) Yallourn 4 returned to service
Looking back at a Q2 2021 period that’s been anything but boring
Now making it 5 out of the past 6 years, we return to the analysis of electricity (spot and futures) pricing patterns for Q2 periods across the NEM regions … and also in Western Australia. We see a number of ways in which Q2 2021 was ‘anything but boring’!
Return to service date for Callide C3 now expected Friday 9th July 2021
An updated view of the return to service schedule of Callide C3 and C4 … along with Yallourn unit 4.
Yallourn unit 2 restarts on Sunday 27th June
Yallourn now has 3 units back online, with return-to-service (RTS) of Yallourn unit 2 on Sunday 27th June 2021.
Yallourn Unit 3 returns early this afternoon
Unit 3 at Yallourn Power Station came back online early this afternoon. Recent flooding at the power station’s adjoining mine has impacted it’s fuel supplies in recent weeks.
A Second Serving of the Q2 Elephant
For a second portion of Q2 “elephant eating”, I’ll look in some detail at the dynamics of an early instance of spot price volatility in Queensland, because many drivers turn out to be similar across other volatile intervals in the…
Callide B2 returns to service late this morning
Callide B2 returned to service this morning after nearly a month of being offline, following the explosion and outage at the station in late May.
Gas issues and low wind contribute to low NEM-wide IRPM (and volatility) on Monday 21st June 2021
A short article marking (yet) another volatile evening in the NEM in this ‘elephant’ of a Q2 2021… now with some added challenges for gas-fired generation.
Using ‘MT PASA DUID Availability’ widget in ez2view to compare unit availability with expectations prior to Q2 2021
Following Saturday’s review of changed expectations for Callide Power Station and Yallourn Power Station, I took a look at aggregate expectation by fuel type. Here’s a belated article with the results.
Eating the NEM’s Q2 Elephant – An Appetizer
An old adage runs that to eat an elephant, it’s best to proceed in small servings. With a very eventful Q2 in the NEM not yet finished, the number of headline events is already large enough – unexpected price volatility…
Potential Tripwire #3 When is a load not a load?
A feature of the upcoming EMMS technical specification that distinguishes demand response units from scheduled loads could impact some users of NEM data, if left unmanaged.
Kogan Creek returns to service on Thursday 17th June 2021
A short note about return to service of Kogan Creek power station early this morning.
Callide B1 back online Wednesday afternoon, 16th June
A short note to follow up on the welcome return-to-service of Callide B1.
Availability of Black Coal units has suffered through Q2 2021
The volatility that has been with us for weeks now (particularly QLD and NSW), and the dramas unfolding at Callide power station, prompted me to have a broader look at the availability of black coal plant across QLD and NSW, and compare this to prior Q2 periods.
Yallourn unit 3 back offline again
Late yesterday I noted how the situation at Yallourn was more complex than we had been initially thinking, so it was no surprise to see Yallourn unit 3 come back offline early this morning to conserve dwindling fuel supplies: Above…
Where’s Callide B1?
With expectations set last week that Callide B1 would be back online yesterday at minimum load, I’ve had a quick look and can’t see it yet…
Evening volatility on Tuesday 15th June 2021
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) …