Low wind harvest in South Australia
Also on social media was a comment by Jess Hunt about low wind conditions in South Australia currently … which has prompted these thoughts.
Market Operations
Spot price volatility in May 2024 in NSW flows through to ‘baseload’ futures prices
Following a conversation with one journalist yesterday, and a tweet from another journalist, here’s an updated trend of NSW ‘baseload’ futures contract prices for 12 x quarters.
Delving deeper, into gas-fired peaker performance in NSW on Tue 7th May and Wed 8th May
Looking back 4 days (including Wed 8th May 2024) at NSW gas-fired generator bidding.
Delving deeper, into battery (discharge) performance in NSW on Tue 7th May and Wed 8th May
Looking back 4 days (including Wed 8th May 2024) at NSW large-scale battery generator bidding.
Delving deeper, into Wind Farm performance in NSW on Tue 7th May and Wed 8th May
Looking back 4 days (including Wed 8th May 2024) at NSW wind farm generator bidding.
Delving deeper, into coal generator performance in NSW on Tue 7th May and Wed 8th May
Looking back 4 days (including Wed 8th May 2024) at NSW coal-fired generator bidding.
A quick look at the ‘N::N_CTYS_2’ constraint equation, with respect to Wednesday 8th May 2024
The ‘N::N_CTYS_2’ constraint equation (invoked due to a network outage on the Collector to Yass (3L) line) was one of the constraint equations material in volatile price outcomes in NSW on Tue 7th May 2024 and Wed 8th May 2024.
Eraring unit 3 coming back online (Thursday evening 9th May 2024), following boiler tube leak
It’s Thursday evening 9th may 2024 and (almost exactly a week since it came offline) Eraring Unit 3 has commenced return-to-service after repairing a boiler tube leak.
Thursday 9th May 2024 – Day #1 under Administered Pricing in NSW
A short record of Thursday evening 9th May 2024, with NSW under Administered Pricing.
A first quick look at bids for NSW participants, including Wednesday 8th May 2024
With questions mounting up (internally and externally) about Wed 8th May 2024 in NSW, we take a quick first look at bids – using the ez2view ‘Bids & Offers’ widget looking back 30 days at an aggregate level.
Thar she blows! NSW hits the CPT and enters Administered Pricing (until Wed 15th May at least) … I think for only the 2nd time ever?
At 19:55 (NEM time) on Wednesday 8th May 2024, the NSW region commenced Administered Pricing for ENERGY and 10 x FCAS commodities, following a rapid spell of spot price volatility.
Over 3 hours of price volatility in NSW on Wednesday evening 8th May 2024 … with Cumulative Price rapidly closing in on CPT
Blasting past 3 hours this afternoon/evening (and still counting), the run of spot price volatility in NSW drives the Cumulative Price up towards the CPT. Will it break the cap this evening, or tomorrow?
NSW price volatility continues into Wednesday afternoon 8th May 2024
Price volatility has continued in NSW this afternoon, starting at around 3:40pm local time.
Afternoon/Evening volatility on the way for NSW on Wednesday 8th May 2024 (and more tomorrow?)
At 14:05 on Wednesday 8th May 2024 it looks like NSW might see more spot price volatility this evening.
Cloud and rain in NSW leads to more elevated prices during the day
Following Wednesday morning’s volatility in NSW (8th May 2024), middle-of-the-day prices have remained somewhat elevated.
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.
~80 minute run on spot price volatility in NSW on Tuesday 7th May 2024
A second article providing some more detail on the spot price volatility in NSW on Tuesday evening 7th May 2024
Energy Price Volatility in NSW on 7 May 2024
A short initial article about the spot price volatility in NSW on Tuesday evening 7th May 2024
A brief record of volatility in NSW on Friday 3rd May 2024
A brief, belated record of a brief burst in volatility in NSW on Friday 3rd May 2024
A brief record of volatility in NSW on Thursday 2nd May 2024
A brief, belated record of a brief burst in volatility in NSW on Thursday 2nd May 2024