A quick post today to mark (with reference to our summer challenge) the highest demand across the NEM thus far – 31,099MW at 15:40 yesterday. This is shown in this snapshot from NEM-Watch:
Demand in Queensland is shown in the orange zone above – it rose a little more, to peak at 8304MW at 16:20 on the day (still 700MW or so off a record).
One of three founders of Global-Roam back in 2000, Paul has been CEO of the company since that time.
As an author on WattClarity, Paul's focus has been to help make the electricity market more understandable.
Prompted by last Friday’s publication of the AER’s ‘Wholesale Markets Quarterly’ for Q2 2021, here’s a tabulated summary of some of the contributing factors of spot price volatility (and hence high average prices) for the quarter – particularly for QLD and NSW.
Guest author, Carl Daley from EnergyByte, provides this summary of summer 2024 – covering price volatility, consolidation of the twin peaks dynamic, and BESS performance.
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