Administered Pricing ended at 04:00 on Thursday 23rd June 2022 (and an FCAS price glitch)
A short note about the end of the Administered Pricing Period (for now?) from 04:05 on Thursday 23rd June 2022.
All Posts
(Somewhat artificially) low NEM-wide IRPM on Wednesday evening 22nd June … looking forward to possible easing of Suspension on Friday morning
A quick look at the NEM on Wednesday evening, with thoughts to the near future.
AEMO MN98805 continues Market Suspension (possibly only till Friday 04:05), but with different prices on a path out
This morning AEMO published Market Notice 98805 confirming continuation of Market Suspension from 04:05 Thursday 23rd June until further notice.
Pricing and dispatch during market suspension
Marcelle explores how settlement prices are set and how dispatch is operating during the current market suspension.
Climbing out of Market Suspension
A short article to follow on from an AEMO announcement at 16:30 today about a possible pathway out of Market Suspension
Increased visibility of LOR3 forecasts
An update on our thinking about LOR forecasts, under these 'far from normal' current market conditions.
ESB releases ‘high-level design paper’ for Capacity Mechanism
A short article noting the ESB's release of high-level design of Capacity Mechanism.
ACCC’s ‘Inquiry into the National Electricity Market’ (from 23rd May) published (+ an Addendum) Monday 20th June 2022
A short article to note the release of the ACCC's 7th issue of the 'Inquiry into the NEM' ... along with an Addendum at a very topical time.
File creation times at AEMO for DISPATCHIS and P5MIN increase 50%, coincident [CAVEAT] with Administered Pricing and Market Suspension
In parallel to the 'Energy Crisis 2022' (and perhaps related to it, in some ways) we see a step change decline in the performance of the timeliness of...
TransGrid 330kV substation near Tallawarra Power Station on fire [updated ~20:30]
A short note this evening about a substation fire near Tallawarra Power Station.
Guest Authored Posts
Hot chips, algorithms and electricity markets
Declan Kelly thinks through and discusses competition issues that could arise from the increasing proliferation of auto-bidding software by big batteries in the NEM - and suggests some...
NEMDE nightmares – parallel pathways and clashing constraints
Prompted by a question by a client in a training session for a new ez2view user, guest author Allan O'Neil has written 2,940 words to explain the price...
Detailed Analysis
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