A (very!) quick look at bidding behaviour (NEM-wide) over recent days
Curiosity drove us to take this initial (and very quick) look at bidding behaviour, NEM-wide, across the past 14 days in relation to recent NEM-wide price volatility.
2024-07-29
A collation of articles pertaining to market activity on Monday 29th July 2024
Callide C3 offline until expected return to service on Monday 26th August 2024
A short initial article, 5 days after Callide C3 came offline again for another forced outage ... during a period that's seen multi-region spot price volatility.
Keep an eye on the Cumulative Price … especially in South Australia
Following recent market volatility, here's a quick look at the current trend of Cumulative Price for each region.
How rare are simultaneous price spikes in all five NEM regions, like what we saw last night?
A short examination of some of the over-arching factors at play yesterday evening - where prices spiked above $3,000/MWh in all five regions simultaneously.
Rare NEM-wide price spikes on Monday July 29th 2024
Already this evening we’ve seen a rare occurrence of price spikes in all five NEM regions simultaneously.
Will Tasmania see a new all-time maximum demand early next week?
Looking forwards to some tight supply-demand balance (and potentially record-breaking demand) for mornings early next week in Tasmania.