Sunrise volatility in NSW on Wednesday 8th May 2024
Following Tuesday evening’s volatility in NSW, the next morning around sunrise saw a second bout of volatility.
2024-05-08 NSW exceeds the CPT and enters Administered Pricing
A collation of articles written with respect to events in the NEM on Wednesday 8th May 2024.
These include extreme spot price volatility in NSW … to the point that the Cumulative Price exceeded the Cumulative Price Threshold and Administered Pricing (for ENERGY and all FCAS commodities) commenced.