Guest author, Allan O’Neil, invests some time to explore a number of different aspects of Easter Saturday (11th April 2020), each noteworthy in their own right (including low demand, high percentage share renewables, negative prices and dynamic bidding)
Articles by Allan O'Neil
Guest author, Allan O’Neil tries to piece together further detail of what is intended with the apparent tightening of the Reliability Standard (which has sat at 0.002% USE for many years).
Another islanding event separated the SA region from the rest of the NEM yesterday (Monday, 2nd of March). Allan O’Neil investigates what happened before the event and possible causes.
Guest author, Allan O’Neil, takes a look at what’s happened in the (islanded) market for FCAS services in South Australia over the past two weeks with Heywood out of service. He notes:
“generators in SA as a group would have paid out roughly twice in contingency raise FCAS costs what they earned from selling energy”
Guest author, Allan O’Neil delves further into understanding what happened in response to the transmission tower failures on 31st January 2020 that sent system frequency in South Australia and led to a large reversal of flows.
Guest author, Allan O’Neil does a masterful job with limited time in reviewing some of the goings-on in the NEM (particularly VIC and SA) on Thursday 30th January 2020
Guest author, Allan O’Neil, takes a look, via the GSD2019 (released today), at the four different headwinds facing solar farm developers and operators operating in the NEM.
Perhaps missed amongst all the bushfire-related action in the NEM, the SA Minister for Energy last week initiated the Retailer Reliability Obligation. Guest author Allan O’Neil tries to come to grips with what this means, and what happens next?
We take a look at challenges for AEMO in operating the system under the security threats posed by the ongoing bushfires …
Considering the extraordinary weather, bushfires, and a couple of large Victorian generators still not back from long term repairs, last week was probably less eventful for the NEM than might…
Guest author, Allan O’Neil, provides us an update today on what we can see about summer 2019-20 (in the physical market, and the financial market), now that it is only just around the corner.
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.
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.
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…
I’d rather not add to the number of conspiracy theories in circulation, but I wonder if there’s a conspiracy to make understanding our electricity system in general, and its reliability…
Two large thermal generating units in Victoria with combined capacity of over 800 MW have recently experienced major electrical faults each requiring many months to repair. Previous WattClarity posts have…
A broader look at what the extended outage at Loy Yang A unit 2 seems to be having on the spot and financial markets into the future, via AEMO MT PASA data, and via the ASX Energy’s futures price data.
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.
Guest author, Allan O’Neil, drills into considerable depth to understand, and clearly explain, some of what happened during a volatile period in the VIC and SA regions on Friday 1st March 2019
The surge in NEM spot prices since 2015, and related impacts on contract and retail prices, have been extensively discussed and analysed in many forums, from ACCC inquiries to Twitter….