A (very!) quick look at bidding behaviour (NEM-wide) over recent days
Curiosity drove us to take this initial (and very quick) look at bidding behaviour, NEM-wide, across the past 14 days in relation to recent NEM-wide price volatility.
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Callide C3 offline until expected return to service on Monday 26th August 2024
A short initial article, 5 days after Callide C3 came offline again for another forced outage ... during a period that's seen multi-region spot price volatility.
Volatile prices, across all 5 regions, for the 3rd evening in a row
A quick snapshot of evening volatility across the NEM on Wednesday 31st July 2024.
An initial pass over ENERGY bids during price volatility of 30th July 2024 (focused on South Australia)
Five key takeaways arise from an initial inspection of energy bids on the 30th July 2024, where extended periods of high energy prices eventuated.
Keep an eye on the Cumulative Price … especially in South Australia
Following recent market volatility, here's a quick look at the current trend of Cumulative Price for each region.
Energy price volatility on 30th July 2024
Observations of price volatility on 30th July 2024.
How rare are simultaneous price spikes in all five NEM regions, like what we saw last night?
A short examination of some of the over-arching factors at play yesterday evening - where prices spiked above $3,000/MWh in all five regions simultaneously.
Rare NEM-wide price spikes on Monday July 29th 2024
Already this evening we’ve seen a rare occurrence of price spikes in all five NEM regions simultaneously.
Bout of high prices in SA on Sunday evening July 28th 2024
The South Australian region is seeing a run of high prices, starting just after 6pm this evening.
Quarterly Reviews (for 2024 Q2) from AEMO and AER released same day … on Wednesday 24th July 2024.
On Wednesday 24th July 2024, the AEMO and AER *both* published their quarterly reviews of 2024 Q2 ... here are some quick notes for future reference.
Guest Authored Posts
Stacking Up: Unlocking Multiple Revenue Streams in the NEM
Ben Nethersole from Baringa summarises the different contracting routes available for renewables and storage, and how project business cases are increasingly stacking these together.
Aligning business cases with the current, and future, reality
Following his presentation at the CEC's Wind Industry Forum, Jonathon Dyson shares lessons learned from helping developers and operators of wind projects in solidifying their business case.
Detailed Analysis
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