Wrap-up of price spikes in November 2024
There have been about 10 occasions in the market's history when the last week of November has led to extreme prices and this November, was no exception - Carl Daley of EnergyByte provides this...
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High prices in NSW eventuate early, and briefly, on Tue 3rd Dec 2024 as Collector-Marulan 330kV outage invoked
High prices eventuate slightly earlier than was earlier predicted, coinciding with the ‘N-CTMN_4_WG_CLOSE’ constraint set starting invocation today.
Spicy prices forecast in NSW (and LOR2) … with ‘N-CTMN_4_WG_CLOSE’ constraint set now invoked again
A short note for Tuesday morning 3rd December 2024 to highlight the emergence of forecast LOR2 conditions (and spicy prices) in NSW for later today
(Afternoon and) Evening volatility in NSW and QLD on Monday 2th December 2024
A short record of some high prices in NSW and QLD from 17:35 (NEM time) on Monday 2nd December 2024.
Dispatch systems interruption on 2nd December, 2024
A brief note to record a NEM production systems incident today, December 2, 2024. AEMO declared a major incident (INC0138848) for the Electricity Market Management System service with 4 Dispatch intervals missed. The date...
Availability utilisation on 27 November 2024 in NSW
Separating curtailment from being priced out, we uncover features of unit utilisation by fuel type on the 27th November 2024.
AEMO releases Transition Plan Report, December 2024
The 2024 Transition Plan for System Security ties together many of the threads identified in previous AEMO studies in developing this plan for managing system security in a low emission power system.
High NSW price forecasts not materialising in dispatch, 29th November 2024
A curious phenomenon we've been watching with interest today has been the somewhat persistent and alarmingly high predispatch price forecasts for NSW.
A chronological record of events in NSW on Wednesday 27th November 2024
Wednesday 27th November saw tight supply and demand balance, NSW Energy prices at the MPC for a string of intervals, actual LOR2 conditions, and activation of the RERT mechanism, but in the end no...
Four NEM-related themes from COP29
After returning from COP29 in Baku, Dan shares his thoughts about energy transition challenges in international electricity markets, and how they intersect with what we're seeing in the NEM.
Guest Authored Posts
The increasingly stochastic and volatile NEM
Oliver Nunn from Endgame Economics argues that we must begin to think about the distribution of prices in the NEM as a function of weather.
Not all renewable projects are created equal: Why approval times vary dramatically across Australia
Alice Matthews examines how approval times for renewables vary widely by state and technology — with NSW wind projects facing the longest delays.
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