NSW energy prices less volatile than anticipated on 26 November 2024
A tight supply-demand balance in NSW didn't produce quite as much energy price volatility as projected.
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Market Notice 121008: Three of four Uranquinty units trip during LOR1 condition
At 16:55 on 26th November 2024 AEMO advised three of four units at Uranquinty tripped, during a forecast LOR1 condition which then became an actual LOR1 condition.
AEMO responds to media coverage regarding low electricity reserves expected tomorrow, Wednesday 27th Nov 2024
The AEMO responds to media coverage warning of blackouts in NSW on Wednesday afternoon.
The Terms of Reference for the Nelson Review
Belatedly referencing directly to the Terms of Reference of the Nelson Review.
Tim Nelson to lead new review into wholesale market reform
Chris Bowen this morning announced a new four-person independent panel, who will be given roughly 12 months to review and provide reform recommendations on "wholesale market settings".
Forecast load shedding (i.e. LOR3) in NSW on Wednesday 27th November 2024 above 1,700 but now easing?
The outlook for load shedding in NSW on the 27th of November 2024 remains a possibility, yet recent STPASA runs indicate some movement in a positive direction is ocurring.
An updated view of outage plans for Scheduled units above 200MW in NSW and QLD
Given the tight supply-demand balance forecast for NSW and QLD this week, it’s worth revisiting the ‘Generator Outages’ widget in ez2view at 15:35 on Sunday 24th November 2024 to show what the current status...
Northern NEM capacity outlook next week – a series of unfortunate events
A very quick post to look at one of the several reasons we are seeing LOR3 and LOR2 forecasts for NSW and Queensland respectively next Wednesday (27 November). Previous posts from Paul (including this...
Forecast load shedding (i.e. LOR3) in NSW on Wednesday 27th November 2024 now above 1,000MW
AEMO's MN120879 rates special mention, given the size of largest load shedding forecast for NSW on Wednesday afternoon/evening is above 1,000MW.
AEMO now forecasting possible LOR3 (i.e. load shedding) in NSW on Wednesday 27th November 2024
The most recent ST PASA forecast now shows a sliver of forecast LOR3 (i.e. forecast Load Shedding) for the NSW region on Wed 27th Nov 2024
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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