Extremely hot weather in NSW and the NEM’s underappreciated “rail gauge mismatch” contributed to a sharp multi-state price spike during the afternoon peak
Quick review of an isolated early morning spike in Queensland
A look at last Friday’s short sharp price spike in Queensland and why it led to negative settlement residues on the interconnection with NSW
Electricity consumption in the National Electricity Market (NEM) increased by 0.8% in 2016, this is on top of a 1.1% increase in 2015. Queensland and NSW experienced increases in consumption with all other states experiencing a reduction.
An animated walk through 19 hours of Saturday 14th January 2017 in the Queensland region of the National Electricity Market – a day we dubbed “sizzling Saturday” not least because of extreme price volatility
Illustrating how the price spike on 14th January flowed through to hedge contract prices.
Looking at 13th, 14th and 15th January and the contribution of solar PV to peak demand reduction
The Queensland region experienced a new all-time record for electricity demand today, along with some very hot weahter
NEM-wide demand roared to life today, for the first time this summer, with hot weather pretty much everywhere.
Volatility in Queensland on a sizzling Saturday drives the Cumulative Price more than half-way to the Cumulative Price Threshold (where price caps would be imposed).
A few quick notes about this week’s developments at Loy Yang A power station
Queensland Scheduled Demand on Friday 13th January peaked even higher than on Thursday 12th January, and only 70MW below the all-time record
Hot weather drives Queensland demand higher than 9,000MW for the first time this summer – even with many people still out on holidays…
Demand rose in NSW today off the back of some hot weather
Victoria saw what seems to be the lowest ever* level of electricity demand early on Monday 2nd January 2017
New Years Eve and New Years Day have provided 2 excellent examples of the “Duck Curve” in South Australia