As can be seen here in this snapshot from ez2view at 22:45, unit 1 has already returned to service – and we presume that this might be followed by unit 2 (unless it is damaged in some way).
The bid data (available from 04:00 tomorrow) might reveal more but, for now, all we have is conjecture and rumour…
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.
Returning to the theme of analysis of Q2 prices (completed in 2017 and 2016 due to Q2 historically being an uneventful period) we see that prices have backed off from the “off the charts” level of 2017, but are still much higher in all regions than most other regions. In some cases results are second worst in 20 years.
A first look back at yesterday (Friday 20th December 2019) in the Victorian region – where we saw extreme temperatures, high demand across VIC and SA and (perhaps because of high temperatures) a large discrepancy open up between forecast Wind Availability and actual. This would have contributed to the surprise LOR2 announcement and commencement of RERT negotiations.
A shorter article – thinking more about the future, prompted by one of the factors that contributed to the price volatility seen in South Australia on Friday 12th March 2021
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