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.
A quick snapshot of evening volatility across the NEM on Wednesday 31st July 2024.
Five key takeaways arise from an initial inspection of energy bids on the 30th July 2024, where extended periods of high energy prices eventuated.
Following recent market volatility, here's a quick look at the current trend of Cumulative Price for each region.
Observations of price volatility on 30th July 2024.
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.
Already this evening we’ve seen a rare occurrence of price spikes in all five NEM regions simultaneously.
The South Australian region is seeing a run of high prices, starting just after 6pm this evening.
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.
A short article in conjunction with GenInsights Quarterly Updates for 2024 Q2, trending NEM-wide % VRE over 12 days in June 2024.
A short article in conjunction with GenInsights Quarterly Updates for 2024 Q2, trending NEM-wide IRPM over 9 days in June 2024.
Carl Daley examines the underlying conditions and outcomes that occurred last Thursday evening, the 26th of June.
In this guest post, Greg Williams calls for more research into how storage bidding—particularly auto-rebidding—is reshaping price formation and competition as flexible assets take centre stage in the NEM.
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