It is curious that despite of the findings of the recent ACCC enquiries and the on-going regulatory uncertainty (at both a state and federal level), anyone would be willing to set-up an electricity retailer. New venturers in the energy market…
Fifteen months after first speaking at Clean Energy Summit about the train wreck that’s ongoing in terms of our mismanaged energy transition (and coincident with another industry gathering in the form of the AFR National Energy Summit), we note about Villain no5 as the next contributor to our transition running off the rails…
In the previous article on reducing electricity costs we looked at energy efficiency and the fact that the cheapest electricity is the electricity that you don’t consume. In this article we will look at how to pay less for the…
We all know that electricity prices have escalated dramatically over the last couple of years. But did you know that it is possible to offset these increases and even achieve cost reductions in the face of increasing retail prices? Electricity…
Through our consulting business, Greenview Strategic Consulting, we have had the pleasure of working with a variety of new entrants and NEM-veteran organisations alike in the generation sector of the NEM over the past few years (along with other clients). …
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A detailed look at two specific trading periods in the day (Tuesday 24th July 2018) that saw negative dispatch prices occur at the start of trading periods – hence provided a case study for how existing Semi-Scheduled plant respond (especially in combination with transmission constraints and the Semi-Dispatch Cap).
The multi-region islanding event on Saturday 25th August was a very rare event – perhaps the only one’s that occurred in the history of the NEM. It has generated plenty of questions – and driven our analysis further. We share some more observations here, and keenly await the draft AEMO report.
Guest presenter, Kate Summers, spoke at UoM Climate and Energy College on 15th August 2018, with the presentation recorded. Kate shares this today with WattClarity readers.
Following on from Saturday’s islanding event, we use our current interest in AEMO’s 4-second SCADA data to prove a little more…
Both the QNI and the Heywood interconnectors tripped around the same time on Saturday 25th August 2018 (not apparent at this time which one was first, and why), leading to both QLD and SA regions being separately islanded from the rest of the mainland NEM. This also contributed to over 1,000MW of load shedding in NSW and VIC, and presumably some frequency excursions in QLD and SA.
A brief follow on from yesterday’s post, with the advantage of being able to review yesterday’s bids (and rebids) today.
The past week, with wind farm output blowing gangbusters in South Australia (coupled with low demand and System Strength requirements) we seen the “Wind Correlation Penalty” start to bite, with some reactions also beginning to show.
Highlighting the different approaches taken to cost/price based dispatch in an interconnected electricity system (or market).
Walking through 5 (much simplified) “Dispatch Intervals” to illustrate some starting principles of marginal price based dispatch arrangements, such as used in the National Electricity Market
Conversations in the week following my post about “Villain #4” (being the deficit in required Energy Literacy) prompted some analysis relating to Marginal Loss Factors
Guest author, Drew Donnelly at Compliance Quarter, uses the review of hedge practices in the wholesale market included in the recent ACCC report as an opportunity to reflect on what approaches they have seen in their work with new entrant retailers
A year after I first spoke about “Villains” playing a role in the train wreck of our energy transition, I’ve finally found some time to post about Villain #4.
A back-dated article about the AEMO’s 2018 ISP
One of our guest authors, Allan O’Neil, takes a closer look at what happened in the South Australian region of the NEM on Monday 9th July 2018