Articles by Allan O'Neil

More on those negative prices – how do contracts affect bidding behaviour?

Guest author Allan O’Neil provides this handy explainer on how generators’ contract positions affect their bidding decisions and can make negative spot prices pay off, at least in the short term. Very useful for those readers not actively involved in wholesale trading in helping to understand why some conspiracy theories might not match reality.


Who’s responsible for those negative prices?

Rapidly growing solar PV output has been widely tagged as the cause of low and even negative prices in Queensland. But in any market it’s the behaviour of ALL participants that determines price outcomes. Guest author Allan O’Neil takes a closer look at recent NEM bidding.


ESOO Unboxing

Without resiling from last week’s criticism of how the headlines from AEMO’s 2019 Electricity Statement of Opportunities (ESOO) were communicated, it’d be churlish for me to fault the depth of…





Price Setting Concepts – an Explainer

Guest author, Allan O’Neil, contributes to our series of articles explaining how prices are set the the NEM (as part of how dispatch works). In this article, Allan explains some of the details in the AEMO’s “Price Setter” file.






When the NEM’s Largest Generating Unit Trips …

A follow-on to my earlier article of a couple weeks ago, looking at another instance where a team effort was required to counter a drop in system frequency following the loss of generation at a large power station (this time the single unit Kogan Creek power station – the largest single unit in the NEM).





No Guarantee of Success

Our guest author, Allan O’Neil, poses a number of questions about the recently proposed “National Energy Guarantee” (NEG)




Cost Confusion

Our guest author, Allan O’Neil, posts an overview of the strengths and weaknesses of an increasingly popular metric – the LCOE (or Levellised Cost of Energy)