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.













Price Spike in NSW and QLD 26th November 2009

Yesterday afternoon at 2pm NEM time the price in QLD and NSW spiked.  As you can see in this screenshot of NEM-Watch (click for a larger view), the Victoria to NSW interconnector was constrained to 386 MW, which was down…





South Australia hits the Cumulative Price Threshold

For only the 5th time in 11 years of NEM history (and the 3rd time for South Australia) four consecutive days of price spikes have forced the Cumulative Price to the Threshold, and AEMO has imposed price caps to prevent retailers from going bust.




Prices race in QLD and NSW as horses race in VIC

Tuesday 3rd November, and the temperatures that had driven prices higher in SA the previous day moved eastwards.

Whilst VIC demand was lower as everyone lost their shirts on a horse, demand climbed in NSW and QLD, dragging prices upwards as well.