Price hits the new Market Price Cap in NSW this morning
Some quick notes about a price spike to the (newly raised) Market Price Cap in NSW this morning
Read MoreSome quick notes about a price spike to the (newly raised) Market Price Cap in NSW this morning
Read MoreSome quick notes about a price spike this evening in Tasmania.
A record of how a day of see-sawing prices appeared (in real time) in NEM-Watch
Note that the high prices have since been revised, but the low prices (down to -$1000/MWh) remain, at least for now.
Inspired by the price spike experienced this evening, I have spent a little time to put together the background to winters in the NEM.
This will be useful in understanding the context of any other events that occur this winter, and are analysed on WattClarity.
A price spike close to the Market Price Cap in NSW this evening provides an spur to do some quick analysis.