Price Spike in NSW and QLD 26th November 2009

Yesterday afternoon at 2pm NEM time the price in QLD and NSW spiked.  As you can see in this screenshot of NEM-Watch (click for a larger view), the Victoria to NSW interconnector was constrained to 386 MW, which was down…






South Australia hits the Cumulative Price Threshold

For only the 5th time in 11 years of NEM history (and the 3rd time for South Australia) four consecutive days of price spikes have forced the Cumulative Price to the Threshold, and AEMO has imposed price caps to prevent retailers from going bust.



The North Queensland Energy Forum

The North Queensland Energy Forum is an annual conference held in Townsville for the discussion of energy related issues. The forum started off with a welcome dinner and networking event on Monday evening. The food was good and the company interesting. The meat and potatoes of the event arrived on Tuesday where sixteen different speakers presented topics as diverse as nuclear electricity generation to distribution network operations to sugar cane based cogeneration plans.



Prices race in QLD and NSW as horses race in VIC

Tuesday 3rd November, and the temperatures that had driven prices higher in SA the previous day moved eastwards.

Whilst VIC demand was lower as everyone lost their shirts on a horse, demand climbed in NSW and QLD, dragging prices upwards as well.