Michael Williams is the founder and CEO of Altus Energy Strategies.Altus Energy Solutions helps energy intensive enterprises to significantly reduce energy costs and risks by matching operational needs to the large range of energy supply options that exist in any market. Altus Energy develops very different strategies to the solutions offered by retailers who take a vanilla approach to their bundled energy supply offers.
Those retailers are never able to fully understand customer idiosyncrasies and must protect their margins with built in risk premiums.
For several days in early December, temperatures reaching 40 degrees in Queensland and New South Wales cause airconditioning load (and hence total demand) to soar in both regions.
The high demands resulted in very high prices being experienced in both QLD and NSW (and also the SNOWY region). Both VIC and SA were insulated from the high prices because (at least in part) of the fact that transfers over the SNOVIC interconnector were constrained to minimise negative inter-regional surplus
Some initial analysis by our guest author, Allan O’Neil, about what AEMO’s Statement of Opportunities 2017 is saying in terms of this coming summer 2017-18
Ben Domensino of WeatherZone provides an update on the bushfire danger in Victoria and Tasmania, whilst temperature forecasts are projected to be elevated in northern NSW.
A weekend of prolific thunderstorms had a significant impact on the NEM. Ben Domensino of Weatherzone reports on the 4.2 million+ lightning strikes that were detected across the country on Saturday and Sunday.
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