Waratah BESS also directed to maintain state of charge on Wednesday afternoon, 27th Nov 2024
The Waratah BESS has receieved a direction to maintain a state of charge of 96MWh, not long after Wallgrove BESS received a similar instruction.
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Actual LOR1 condition eventuates in NSW on Wednesday afternoon, 27th Nov 2024
A short post to note that an actual LOR1 condition has eventuated in NSW, as per market notice 121089.
NSW Prices spike early ahead of forecasts on afternoon of 27th November
The Energy price in NSW has already spiked to up near the MPC of $17500 as early as 14:30 NEM time.
How western Sydney was the hottest place in the world on Wednesday morning
Ben Domensino of WeatherZone provides some context about the heatwave being experienced in NSW today.
Iberdrola’s Wallgrove BESS directed to maintain state of charge on Wednesday afternoon, 27th Nov 2024
Market notice 121067 indicates that the AEMO has directed Iberdrola's Wallgrove BESS to maintain 59MWh of energy storage.
Forecast LOR3 reappears for four hours this morning, as AEMO issue another media statement about reliability in NSW this afternoon, Nov 27th 2024
A forecast LOR3 for this afternoon reappeared in the P30 forecasts for four hours this morning, as demand forecasts for the region jumped by approximately 200MW.
AEMO issue market notice with intention to commence RERT negotiations in NSW this afternoon 27th Nov 2024
Market notice 121038 has appeared this morning, showing that the AEMO intends to commence RERT negotiations in NSW this afternoon.
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.
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.
Guest Authored Posts
Modelling prices in a post-coal NEM: When batteries dominate the market
Paul Bandarian and David Leitch from ITK Services share modelling results for a post-coal NEM, arguing today’s electricity prices can be maintained if batteries become the dominant price-forming technology and solar is structurally supported.
Runway cost allocation – ready for liftoff?
Allan O'Neil unpacks a proposal under consideration by the AEMC to apply “runway” cost allocation to contingency FCAS, explaining how this could materially change who pays for frequency security in the NEM.
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