Cold snap brings price spike in NSW
A price spike close to the Market Price Cap in NSW this evening provides an spur to do some quick analysis.
A price spike close to the Market Price Cap in NSW this evening provides an spur to do some quick analysis.
Some notes (which will be updated later) about capital requirements for the Australian Electricity Supply Industry
A high-level summary of some concerns of energy users, linked to a (progressively) growing number of more detailed posts that will be added over time.
Here’s a growing collection of articles we’re putting together with respect to the concerns of energy users. These articles are informed by interaction with a wide range of large commercial and industrial (C&I) energy users in a variety of different…
I noted that the recent Basslink outage made the news today as a result of political point scoring in the Tasmanian parliament. As noted in the news report, the Basslink outage started on Saturday 17th April, and continued through until…
Articles on various stand-out events happening in the National Electricity Market in Autumn 2010.
Just after midday today (Wednesday 21st April) South Australia and Victoria experienced some high spot prices. Here’s a quick post to highlight what happened.
On the 4th of February at around 11am energy users in NSW appear to have curtailed their load in response to high prices, resulting in a significant drop in demand. Simultaneously, network conditions and generator rebidding caused the NSW pool price to jump back and forth between extreme prices close to VOLL ($10,000/MWh) and the Market Floor Price (-$1,000/MWh).
Now in its 4th year – Earth Hour has continued to spread across the globe, but participation in Australia appears to have decreased from previous years. In this article we compare reported electricity savings during the past 4 Earth Hour events, and look at the effects of Earth Hour on the NEM in 2010.
Some analysis prompted by a short article in the AFR talking about a reduction in emissions over summer 2009-10 (with the possible implication being that emissions have turned the corner).
As was mentioned in a previous post the topic which was most topical was the topic of increasing distribution network charges. The Queensland price increase proposals have not been approved yet, but based on the history of New South Wales, there is a widespread expectation that they will get approved.
On the 2nd and 3rd of February this year prices spiked in South Australia and Victoria in the afternoon. Coinciding with these spikes, the Tasmania pool price went negative, close to the Market Floor Price (-$1000/MWh). In this article we take a look at the effects and possible causes of the negative prices.
A graphical summary of a day when temperatures soared in NSW, dragging demand higher and (with the assistance of a relative shortage of supplies) also dragging prices to VOLL
More high temperatures in South Australia and Victoria this afternoon have driven the demand and the spot price high.
Prices in South Australia and Victoria have been high this afternoon, jumping up over $2000 in both states at 3pm NEM-time today.
Some quick notes about a price spike in QLD today.
Some pictorial records of a day when a new record demand was set in Queensland.
A snapshot of a price spike in SA late at night.
A snapshot of a higher demand day in NSW, driven by higher temperatures as they move eastwards
Some notes about the heatwave in SA and VIC, and what it means for the NEM