Analysis of the FCAS market in Victoria over the 23rd July, 2008
On the 23rd of July, 2008 one of the HWTS - LYPS 500kV Line was down for maintenance when a second one tripped, leaving only one line remaining. This caused NEMMCO to declare the...
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.
Record summer demand in NSW yesterday!
NSW experienced a record summer demand on Thursday 15th January, driven by high temperatures across the state. The extreme weather experienced in NSW followed the extreme weather that swept across South Australia and Victoria...
A hot day in SA yesterday, and prices soared!
Just as had been forecast, Tuesday 13th January 2009 saw hot, dry weather roll in across South Australia, and then into Victoria. The high temperatures caused demand to climb, but not to the level...
A hot day in QLD today!
High temperatures in Queensland drive demand up on New Year's Eve.
A review of recent summers in the NEM
A brief analysis of NEM-wide demand and IRPM during the summer months over the past 4 years.
NEMMCO Report: Unplanned Outages of HWTS-LYPS line on 23 July 2008
On 13th November, NEMMCO released the final version of its report into the Power System Incident "Unplanned Outages of HWTS-LYPS line on 23 July 2008"
VOLL Pricing on 23rd July 2008
It appears that we spoke too soon when we mentioned on the 22nd July that winter 2008 had been relatively uneventful. Just over 24 hours from making these comments, we saw prices jump sky-high...
Volatility in the market over winter 2007
Our Managing Director spoke at the "Australian Energy & Utility Summit 08" in Sydney on Tuesday 22nd July 2008, touching on issues including the extremes of price volatility that were experienced over winter 2007.
Prices depressed in the NEM – Winter 2008
Our Managing Director spoke at the "Australian Energy & Utility Summit 08" in Sydney on Tuesday 22nd July 2008, touching on a number of issues including the depressed prices experienced in winter 2008.
“Power Prices Jump in Eye of the Storm”, from the AFR
Following from an alert to the situation provided by NEM-Watch, Duncan Hughes published an article "Power Price Jump in Eye of the Storm" that mentioned the extremely low levels of NEM-Wide Instantaneous Reserve Plant...
Cost of congestion to energy users
For the EUAA's Members Meeting (held in Brisbane on 24th April 2008), our Managing Director was invited to provide of a précis of the presentation he previously provided at the "QLD Energy" conference (on...
Analysis of price volatility in the QLD region over summer 2007-08
Our Managing Director was asked to speak at the "Queensland Energy" conference in Brisbane on Wednesday 12th March - specifically addressing the topic of price volatility in the NEM. To provide the basis of...
22nd and 23rd February 2008 – a rare hot spell in Queensland
In Queensland we experienced one of the mildest summers I can remember. As a result of this, demand levels were subdued for most of summer. However, for a couple of days in late February,...
Background information to the shortage of capacity in winter 2007
Following from the interest generated in the article published in the AFR, we completed some analysis of the trend in IRPM over the history of the NEM up until June 2007. The results of...
Weekly summary of events in Summer 2006-2007
We compiled a week-by-week summary of interesting events that occurred in the NEM - from 19th November 2006 through until 16th January 2007 (the day of the blackout).
11th January 2007 – first spike in demand above 30,000MW
There was a temperature-driven spike in demand across the NEM later in the week beginning Sunday 7th January - culminating in the summer's first demand peak above 30,000MW (on Thursday 11th January). On this...
8th December 2006 – high demand in South Australia
There was a temperature-driven spike in demand in South Australia on Friday 8th December 2006. However, demand also spiked on other days in the week, and on those occasions did not lead to the...
7th December 2005 – high demand in Queensland and NSW
For several days in early December, temperatures reaching 40 degrees in Queensland and New South Wales cause airconditioning load (and hence total demand) to soar in both regions. The high demands resulted in very...
21st November 2006 – demand spike in NSW
There was a temperature-driven spike in demand in NSW on Tuesday 21st November 2006. These sweltering temperatures combined with bushfires to cause localised blackouts in the Sydney city area, as reported in the Sydney...
Winter 2002 – Generator Market Power
From the start of the NEM through until 2001, the NEM was typified by a pricing dichotomy with sustained rock-bottom pricing in NSW, Snowy and Victoria and high and volatile pricing in the extremities...