What would price impacts be, if Hazelwood were to close in March 2017 as rumoured?
In reality, it’s impossible to “know” what the price outcomes would be when Hazelwood closes. Here’s some reasons why…
The new energy ecosystem
Transformation in the electricity industry is occurring at an astounding rate. What’s more, it’s happening globally and Australia is pretty much ground zero. As a result, a new energy ecosystem is emerging. Accenture has recently released three reports which cover different aspects of this new ecosystem. These are the ‘New Energy Consumer’ report, ‘Digitally Enabled Grid’ report and the combined report for the ENA and CSIRO titled ‘Insights from Global Jurisdictions and Evolving Business Models’.
Wind speeds and the Blackout of South Australia
Wind speeds up during the blackout of September 28th in South Australia
First shot at trying to understand what went on, leading to the SA blackout of Wednesday 28th September
First attempt to try to piece together events leading up to the blackout in South Australia on Wed 28th September 2016
AEMO announces “Black System” across South Australia at 16:24 on Wednesday 28th September
Power’s out across South Australia on the afternoon of Wednesday 28th September
About the looming (potential) closure of Hazelwood power station
Some initial thoughts following articles about the mooted closure of Hazelwood Power Station as early as April 2017.
Spring 2016 in the NEM
Articles about Spring in the NEM – September, October, November 2016
Infigen Energy suffering from “wind correlation penalty” in South Australian wind farms
Some thoughts about the possible uplift to Infigen Energy revenues, stemming from higher forward contract prices in the South Australian region of the NEM
Ararat Wind Farm begins production in Victoria during August
Quick snap of Ararat Wind Farm starting up in August.
Increased complexity, and challenges, in this energy transition
Two slides (from BNEF and AEMO) that provide some context on the energy transition
Another day where LOR2 notice issued for SA – what does it mean?
AEMO issued a Market Notice this morning for an LOR2 “Low Reserve Condition” in South Australia. Here’s my sense of some of what’s happening.
How have weather patterns influenced Victorian electricity demand so far this winter?
Our guest author, Rob Davis, provides insights on how weather patterns are contributing to electricity consumption this winter – particularly in Victoria.
The war for dispatch: Who will control distributed energy?
In today’s energy sector, it is rare to get electricity networks, retailers, generators and system controllers in the same room at the same time. In a deconstructed market about to be transformed by distributed energy, how will decisions be made around how it is dispatched?
If I was going to assess Factors Contributing to the “truly remarkable” Q2 2016 prices, here are some starting places I’d look…
A starting list of factors that I’d look further into, if I was sucked into the “rabbit hole” of assessing all of the contributing factors leading to the Remarkable Prices seen in Q2 2016 – and which could continue into the future.
The Emotion-o-Meter
A figurative illustration of the broad range of people we’re increasingly seeing weighing into the discussion about the future of the energy sector. Itself a challenge for the transition.
A model’s just a model – it’s not reality (though some models might be useful)
Models are simplifications of reality. Some are more precise than others. Some are useful for different purposes.
Note – we see the “Energy Transition” as very broad
Quick note about energy transition
Win, lose or draw: Three scenarios for the electricity system in 2030
Cast your mind back 15 years to 2016. You probably don’t remember this, but 15 years ago people still debated whether the growth of distributed energy would fundamentally transform the Australian electricity system.
Hornsdale Wind Farm starting up at a time in South Australia when every MWh matters
Recording early days of electricity production at the Hornsdale Wind Farm
Reviewing Q2 prices – short-term excursion, or more systemic change in pricing patterns?
Some initial analysis about the remarkable pricing outcomes seen across all regions of the NEM through Q2 2016