Wednesday morning 24th June 2026 and elevated prices continue in SA
It’s Wednesday morning 24th June 2026 and my pre-configured alerts delivered to ez2view Mobile have been busy – with the arrival of morning prices in South Australia above $500/MWh.
Market Operations
Spot prices reach $845/MWh (at 18:55) on Tuesday evening 23rd June 2026
Whilst SA spot prices have been elevated over the past 24 hours (and indeed for days longer), in the past 24 hours the highest point was $845/MWh at the 18:55 dispatch interval (NEM time) on Tuesday evening 23rd June 2026.
A summary of bidding in South Australia over 4 days (including the volatility)
Following up on the elevated prices in South Australia, here's a summary of bidding across four days - Friday 19th June 2026 to Monday 22nd June 2026
~72 hours becalmed in South Australia
On Saturday 20th June 2026, aggregate wind yield fell in South Australia ... and has remained low since that time (into Tuesday 23rd June 2026)
Callide C the subject of yet more Federal Court proceedings
On Monday 22nd June 2026 our team noticed several media articles about a new case, being brought before the Federal Court of Australia (relating to Callide C). So we've added this article, to document.
24 hours apart in South Australia (at 19:35)
A useful comparison, 24 hours apart… 19:35 on Sunday 21st June and Monday 22nd June 2026.
~60 hours of flows (and limits) on VIC-SA interconnector, to Monday 22nd June 2026
A quick look at flow (and limits) over the VIC-to-SA interconnector on Saturday 20th, Sunday 21st and Monday 22nd June 2026.
Via MN144315 AEMO says ‘Lack Of Reserve Level 3 (LOR3) condition NOT declared in the SA Region on 22/06/2026’
At 08:46 (NEM time) on Monday 22nd June 2026 AEMO has published this follow-on MN 144315 noting 'AEMO is not declaring that an LOR3 forecast condition exists for this period'
A short (~24 hour) period of low wind NEM-wide on 21st and 22nd June 2026
Also worth noting that the past ~24 hours (Sunday 21st June 2026 into Monday 22nd June 2026) has seen low wind yield across the NEM
A break in the ‘volatility drought’ – in TAS (on Sun 21st June 2026), and then in SA (on 21st and 22nd June)
Breaking a prolonged period of price stability, we saw prices spike in TAS on Sunday evening 21st June 2026, and then a prolonged period of price action begin for SA through the night and into Monday 22nd June 2026.
(Belatedly) noting AER’s consultation on possible updates to the ‘Rebidding and Technical Parameters Guideline’
On 24th March 2026 (i.e. 3 months ago now), the AER published this Consultation paper into possible updates to the AER’s ‘Rebidding and Technical Parameters Guideline’.
More delays in the commissioning process for the Hunter GT (a.k.a Kurri Kurri)
Todays article in the AFR by Angela MacDonald-Smith prompts an updated look at Kurri Kurri GT.
‘Scheduling Error’ also declared in relation to glitch(es) on 6th and 11th November 2025
On Friday 29th May 2026, the AEMO alsodeclared Scheduling Errors (together anointed number 76), with respect to the joint glitches on Thu 6th Nov 2025 and Tue 11th Nov 2025.
Stubborn forecast LOR2 for South Australia on Wednesday 10th June 2026
Over three successive market notices since Sunday 7th June 2026, the AEMO’s been forecasting a LOR2 condition for South Australia for this Wednesday 10th June 2026.
A ~24 year trend of Regulation FCAS services, in two charts
A couple recent reasons prompt this long-range trend of Regulation FCAS services.
Akaysha writes ‘Waratah Super Battery now operating at 700MW’
Today (Friday 5th June 2026) a couple of our readers prodded us to notice the News Update ‘Waratah Super Battery now operating at 700MW’ ... so we had a quick look.
AEMO declares ‘Scheduling Error’ in relation to glitches on Friday 10th April and Saturday 11th April 2026
Given prior analysis we'd written and published about two recent glitches (Fri 10th April and Sat 11th April 2026) it was not really a surprise, though it’s nice to know, that the AEMO declared both Scheduling Errors.
Seasonal Solar Shapes
A one-on-one conversation today, and a bit of curiosity, drove me to trend NEM-wide Solar yield, capacity factor, and curtailment.
We’re* looking forward to today’s AEC Conference in Sydney
Adding to 'conference season' ... today (Thu 4th June 2026) it’s Sydney’s turn, with the Australian Energy Council organising a one-day conference with the provocative title ‘Energy2050: Mapping the way Forward’.
A look at wind yield in the past 24 hours (to 08:00 on Wednesday 3rd June 2026)
Given a couple earlier articles about the expectation for high wind yield on Tuesday 2nd June 2026 and Wednesday 3rd June 2026, it’s worth a quick article on Wednesday morning with this snapshot from NEMwatch at the 08:00 (NEM time) dispatch interval.