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.
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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.
NSW seemingly squeaked through yesterday: Was it even that hot? Did batteries save the day?
An early look at two demand-side factors worth examining regarding the tight situation in NSW yesterday.
RERT dispatched on 27 November 2024 in NSW
A brief recap on the dispatch of RERT on 27 November in NSW compares it to demand levels at the time.
QLD State Government ‘Electricity Maintenance Guarantee’ announced on 28th Nov 2024
A short, belated and back-dated article to point to this Queensland Government Media Statement from the new LNP Government on Thu 28th Nov 2024.
Early reprieve for NSW electricity supply from demand pressure
A demand decline in NSW supports the end to a RERT intervention in NSW on 27 November 2024.
Reliability and Emergency Reserve Trader triggered on 27 November, 2024, NSW
RERT has been triggered in NSW on 27 November 2024.
Which units are still offline in NSW and QLD, as of 3:30pm on 27th Nov 2024
A quick look at our generator outages widget from ez2view, to see which units are still offline as of 3:30pm on Wednesday 27th November 2024.
NSW Government enacts protocols to “reduce electricity demand from government agencies” on 27th Nov 2024
The AEMO have published a third press release regarding low electricity reserves in NSW this afternoon - this time stating that the NSW Government is working to reduce electricity consumption within their agencies.
Guest Authored Posts
Why Gladstone’s prospective closure reveals a new kind of NEM failure
With the Queensland state government’s new energy roadmap due out tomorrow, Greg Elkins highlights how distorted signals and state interventions expose a new NEM failure.
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.
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