The first day of scorching summer temperatures for the year has been matched with elevated electricity prices in New South Wales, Victoria and South Australia for most of the day. Queensland and Tasmania experienced small patches of high prices yet prices remained elevated for the balance. Interestingly Tasmania’s dispatch price dipped negative during this time.
Below I have attached two screen grabs from NEM-Watch. The first showing the capital city temperatures over the day and the dispatch price for each state. The second is a live grab of the mid-afternoon prices.
WattClarity’s guest authors will are busy analysing the data and will be presenting further analysis, should the week end up in extreme territory.