Spot price up in QLD and NSW, with only 1,532MW of spare capacity Monday evening 12th July
A snapshot of the start of price volatility in QLD and NSW on Monday 12th July 2021.
Spot price volatility on Sunday 11th July 2021 – straight out of Angela Macdonald-Smith’s article!
Straight out of the pages of the FinReview and into spot price outcomes in the NEM on Sunday 11th July 2021!
AEMO rule change proposal – replacement of ST PASA process, and data set
Last week, the AEMO submitted a rule change request to the AEMC for a redevelopment of the ST PASA process (and data sets published – to facilitate what would be a great increase in market transparency).
Victorian spot gas hits $34.84/GJ on 9th July – flowing through to electricity spot prices in mainland regions
Electricity prices are up this morning across the mainland, with one of the main contributors being high spot gas prices.
Callide C4 return to service now not till December 2022
There’s been a 6-month delay in return to service expectation for the damaged Callide C4 unit.
End of the road looming – for Liddell, and also AGL’s Torrens B … and another day delay for Callide C3!
More changes to retirement schedules in the market prompt me to power up the ‘MT PASA DUID Availability’ widget in ez2view once again…
Mainland region price spikes on Tuesday 6th July 2021
A short note about the start of the evening price spikes on Tuesday 6th July 2021 (these are ongoing, at the time this was posted).
Callide C3 return to service delayed another week
An updated look at the ‘MT PASA DUID Availability’ widget in ez2view shows another delay in returning Callide C3 to service.
Spot gas prices hit $20/GJ on Tuesday 6th July
A short record of gas prices being up at $20/GJ and above through a cold spell for winter, with other factors at work.
NEM-wide scheduled demand exceeds 31,000MW and IRPM drops to 11.93% on Monday 5th July 2021
Quick notes about the winter evening peak in demand on Monday 5th July 2021
Price volatility in the QLD region on Saturday 3rd July 2021
A rainy Saturday morning reminds us the price volatility for Q2 in QLD has not totally gone away … with elevated prices for ENERGY and also Contingency FCAS (Raise 6 second and Raise 60 second).
Here’s one reason why the market was blindsided by high average prices in Q2 2021
Here’s one big reason why the high outcome for Q2 time-weighted average spot prices were so far away from the (much lower) expectations in all 4 regions at the start of the quarter.
Yallourn unit 4 back online on Friday 2nd July 2021
On Friday evening (2nd July 2021) Yallourn 4 returned to service
Looking back at a Q2 2021 period that’s been anything but boring
Now making it 5 out of the past 6 years, we return to the analysis of electricity (spot and futures) pricing patterns for Q2 periods across the NEM regions … and also in Western Australia. We see a number of ways in which Q2 2021 was ‘anything but boring’!
Return to service date for Callide C3 now expected Friday 9th July 2021
An updated view of the return to service schedule of Callide C3 and C4 … along with Yallourn unit 4.
AEMC publishes draft determination on application to lower Registration threshold for Generators
On Thursday last week the AEMC published a Draft Determination in response to an application by AEC to combat one form of ‘Villain #8’ in relation to Registration of generators under the mandatory 30MW registration threshold.
Yallourn unit 2 restarts on Sunday 27th June
Yallourn now has 3 units back online, with return-to-service (RTS) of Yallourn unit 2 on Sunday 27th June 2021.
Yallourn Unit 3 returns early this afternoon
Unit 3 at Yallourn Power Station came back online early this afternoon. Recent flooding at the power station’s adjoining mine has impacted it’s fuel supplies in recent weeks.
A Second Serving of the Q2 Elephant
For a second portion of Q2 “elephant eating”, I’ll look in some detail at the dynamics of an early instance of spot price volatility in Queensland, because many drivers turn out to be similar across other volatile intervals in the…
Callide B2 returns to service late this morning
Callide B2 returned to service this morning after nearly a month of being offline, following the explosion and outage at the station in late May.