Yes, prices do jump this high in the middle of the night, occasionally:
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Paul McArdle
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Paul McArdle
Friday, August 26 2022
Morning, afternoon and evening volatility in South Australia on Friday 26th August 2022
It’s been recurrent volatility in South Australia today.
Paul McArdle
Monday, February 22 2010
VOLL (or MPC) in NSW today as high temperatures stretch supplies
A graphical summary of a day when temperatures soared in NSW, dragging demand higher and (with the assistance of a relative shortage of supplies) also dragging prices to VOLL
Carl Daley
Tuesday, August 24 2021
Biggest price shock in history
Carl Daley of EnergyByte, examines recent energy and gas price volatility, leading to the conclusion that the May to July period in QLD and NSW has been the biggest shock to the spot market in history, and the forward price movements are rivalling the record setting year of 2007.
Paul McArdle
Friday, January 5 2018
It’ll be hot in parts of the NEM tomorrow (Saturday 6th Jan) but don’t expect demand to be too high – and don’t be trigger happy on the Emergency Demand Response!
Weather forecasts tell of an expected hot weekend on Saturday (in Melbourne & Adelaide) and then Sunday (in Sydney) – which has led to some news articles talking about “searing heat across the southeast putting energy supplies under pressure”. Let’s not get carried away – it looks like the levels of demand will be pretty moderate.
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