Morning volatility in South Australia on Friday 8th July 2022
A quick look at this morning’s volatility in South Australia.
Reviewing price patterns in Q2 2022 … anatomy of an Energy Crisis
After many years in a row, we return (in the midst of the ‘2022 Energy Crisis’) to review the pricing patterns in the NEM and the WEM for Q2 2022.
Alinta Energy submits Rule Change temporarily request to raise the Administered Price Cap (from $300/MWh to $600/MWh)
A short article about the rule change proposed by Alinta Energy to raise the APC … quite topical given Q2 2022.
RERT dispatched in QLD – at 17:00 on Tuesday 5th July 2022
RERT (Reserve Trader) dispatched in QLD.
Significant (~1,300MW) drop in Available Generation in QLD on Tuesday morning 5th July
This morning we also saw a sizeable drop (just over 1,300MW) in Available Generation the QLD region … which appears to have triggered an ‘Actual LOR2’ condition.
RERT may be triggered this evening – Tuesday 5th July 2022?
This morning (Tue 5th july 2022) AEMO announces it may see the need to trigger Reserve Trader this evening.
Actual LOR1 and $15,500/MWh in the QLD region on a cold/dreary Monday evening 4th July 2022
A quick article Monday evening about volatility in QLD.
Cloud cover and cold temperatures spark high prices in QLD on Monday morning 4th July 2022
A quick look into today’s high prices in QLD, and some of the contributing factors.
Seasons of low wind and solar output will influence the shape of the NEM
Geoff Bongers, Nathan Bongers and Andy Boston have prepared this guest authored article following on from their recently published paper about the characterisation and mitigation of renewable droughts in the NEM.
On the fringes: the outer edges of the NEM remain the most prone to volatile MLFs
To mark the end of the financial year, Dan Lee writes this explainer about MLFs and gives some examples of noticeable long-term MLF trends within the NEM.
AEMO releases 2022 Integrated System Plan (ISP)
A short note about the release of the final version of the AEMO’s 2022 ISP that was published this morning.
Market volatility on Monday 27th June 2022
The price has been spiking on Monday evening 27th June 2022.
Two alternate theories of why capacity was withdrawn
Second (linked) article this evening, spelling out the two theories we’re aware of with respect to why some participants might have withdrawn capacity from the NEMDE dispatch/pricing run in June 2022 – leading to the AEMO Suspending the Market.
Quick review of bids – looking back 16 days over APC and Market Suspension
With Market Suspension (just) behind us, in this weekend article we take a look over the past 16 days to see how volumes offered to the market from the two types of plant have varied … and the prices they are offered at. The question is asked … why did those DUIDs withdraw capacity from the NEMDE dispatch and pricing run?
Eighteen month trend of daily average spot prices highlights extreme volatility in Q2 2022
The unsuspension of the market is a useful time to reflect on ‘how we got here’ … starting with this 18-month trend of daily average spot prices.
AEMO estimates RERT payments on Tue 14th, Wed 15th and Fri 17th June 2022
A brief synopsis of the costs AEMO estimates it paid for Reserve Trader in the recent period around Market Suspension.
Market Suspension to end at 14:00 on Friday 24th June 2022
First article for Friday 24th june 2022 with the market still in suspension.
Voltage disruption (apparently) stemming from Port Augusta Renewable Energy Park Thursday morning 23rd June 2022
A few quick notes about the voltage disturbance experienced in the early hours of the morning in South Australia on Thursday 23rd June 2022.
AEMO continue to watch for forecast LOR3 … e.g. MN99072 in preliminary forecast for Thu 30th June in SA
With Market Suspension possibly being lifted tomorrow morning, the flagging of forecast LOR3 in *very preliminary* ST PASA run for Thursday 30th June was of interest.
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.