A simple refresher on two core components that combine in order to define risk – probability and consequence.
A first (and perhaps only – as this took longer than initially planned) walk through some of the interesting points of what happened yesterday (Sat 16th Nov 2019) when South Australia islanded from the rest of the NEM with the trip of the Heywood interconnector.
There are a number of reasons why we’re completing the analysis we are sharing via WattClarity – here are two big ones.
Readers at WattClarity might recall that we have asked the question above a couple of times in recent weeks – and a big thanks to those who responded already! We’re…
We’ve been invited by the Australian Institute of Energy (AIE) to speak this evening in Sydney about some of the lessons learnt in the process of completing our Generator Report Card. Here’s some context for those who are going to attend (in terms of answers to the 5 frequency asked questions) – and it might help others who are unable to attend, as well.
Fifteen months after first speaking at Clean Energy Summit about the train wreck that’s ongoing in terms of our mismanaged energy transition (and coincident with another industry gathering in the form of the AFR National Energy Summit), we note about Villain no5 as the next contributor to our transition running off the rails…
All too often people (including us sometimes, unfortunately) are quick to attribute some particular outcome to a single contributing factor. Almost always this is an over-simplification.
Highlighting the temptation to ascribe motivation to others – despite the fact that we understand that we can never know for sure.
A starting list of all the factors I would like to delve into, in order to perform an objective review of what happened last Thursday and Friday in Victoria and South Australia
Flagging the ongoing challenge of not extrapolating from recent performance to infer that “things” will always be that way.
One of the challenges in analysis is to even be conscious of the need to ascertain “what might have otherwise been”.
A collection of articles speaking to some core analytical challenges. Others are categorised elsewhere – like my prior thoughts on three reasons why forecasting is a mug’s game.
Why are we investing significant time in completing this review of what was remarkable price volatility in QLD over summer? We’re primarily a software company that develops shrink-wrapped products used by about 100 market participants, spectators and commentators.