Why generation offers diverge from variable cost
In the second part of this three part series, Greg Williams explains how fuel cost scarcity, inflexibilities, opportunity costs and other factors affects generator bids/offers.
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Comments and questions about the 2024 draft ISP
Clutch's Mitch Baker has shared his initial thoughts and questions that jumped out to him from reading the AEMO's 2024 draft ISP.
Forecast temperature rising in Queensland for Thu 18th Jan 2024 (and Fri 19th and Mon 22nd)
A first article about forecast high temperatures (hence high demand, and also potentially LOR levels) for Queensland on Thursday 18th January 2024 ... and also Fri 19th and Mon 22nd.
AER released transparency review of the Australian Energy Market Operator’s (AEMO) draft Integrated System Plan (ISP)
We probably should have noted this at the time, but worth linking here to this short report by the AER, that was published on 15th January 2024.
Hot & Wet Weather pushes back expected return to service dates for Callide C3 and Callide C4
A short note (Monday 15th January 2024) about delays in return to service for both of Callide C3 and Callide C4 units.
CleanCo’s CEO Tom Metcalfe provides an update on outage at Barron Gorge Hydro Power Station
The CleanCo CEO last week participated in a radio interview in which he provided details and a progress update on the long-term outage at Barron Gorge Hydro Station, which was caused by excessive flooding...
The effect of opportunity cost on wholesale prices in the NEM
Guest author, Greg Williams provides the first part of a three-parter about costs in the NEM. In part one here he explains modelling opportunity costs and the value of 'the next best alternative'.
In November 2023, FERC released Final Report on lessons from Winter Storm Elliott (the Christmas 2022 storm)
Pointing WattClarity readers to FERC's Final Report into Winter Storm Elliott (the Christmas 2022 storm that contributed to power outages for millions of electricity customers in the Eastern half of North America).
… and Kogan Creek comes off for a few days on Sunday 14th January 2024
3rd article for Sunday 14th January 2024 - this one looking further north, into QLD, with the Forced Outage at Kogan Creek Power Station.
… but Loy Yang A1 trips on Sunday 14th January 2024
A quick PS to the earlier Sunday article (which looked at LYA4) this time focused on LYA1.
Guest Authored Posts
Aligning business cases with the current, and future, reality
Following his presentation at the CEC's Wind Industry Forum, Jonathon Dyson shares lessons learned from helping developers and operators of wind projects in solidifying their business case.
Do we have enough gas to wait until nuclear comes along?
Tristan Edis of Green Energy Markets discusses the practicalities of the gap that must be filled by the gas sector under the nuclear power timeline proposed by the Federal Opposition.
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