Exploring the price spike in NSW on Wednesday morning 14th July
Returning to the price spike in NSW on Wednesday morning (to $15,100/MWh for 3 dispatch intervals) to explore some of the reasons why it happened - and why it happened unexpectedly.
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.
Friday evening price spike in QLD and NSW – with 300MW demand response in QLD
A short article that might be referred back to later following a spot price spike (in QLD and NSW), and what looks like demand response (in QLD).
Daniel Westerman’s ‘Big Hairy Audacious Goal’ (BHAG) announced on 14th July 2021 – 100% instantaneous by 2025 NEM-wide
A back-dated article looking back at Daniel Westerman's keynote address at CEDA on 14th July 2021.
NSW morning price spike (14th July 2021) – out of the blue
Some brief notes about a morning price spike today in NSW (Wednesday 14th July 2021).
Spot price up in QLD and NSW, with only 1,532MW of spare capacity Monday evening 12th July
A snapshot of the start of price volatility in QLD and NSW on Monday 12th July 2021.
Spot price volatility on Sunday 11th July 2021 – straight out of Angela Macdonald-Smith’s article!
Straight out of the pages of the FinReview and into spot price outcomes in the NEM on Sunday 11th July 2021!
Victorian spot gas hits $34.84/GJ on 9th July – flowing through to electricity spot prices in mainland regions
Electricity prices are up this morning across the mainland, with one of the main contributors being high spot gas prices.
Mainland region price spikes on Tuesday 6th July 2021
A short note about the start of the evening price spikes on Tuesday 6th July 2021 (these are ongoing, at the time this was posted).
Callide C3 return to service delayed another week
An updated look at the 'MT PASA DUID Availability' widget in ez2view shows another delay in returning Callide C3 to service.
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.
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...
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...
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...
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.