instantaneous reserve plant margin


Prices see-saw across the (mainland) NEM today

An interesting day in the NEM today, with prices gyrating across a wide spectrum, and across all four mainland regions – on the back of higher demand in Victoria and South Australia due to temperatures there, and supported by transmission issues and other factors.




Prices Surge in QLD and NSW as Demand Climbs

We noted yesterday (Wednesday 10th June) that NEM-wide demand climbed past 32,000MW for the first time this winter.

The following evening saw demand climb to similar levels (a peak of 32,054MW at 18:20 – so 35MW higher than the previous night). However the situation on Thursday night was different in two key ways…






Prices depressed in the NEM – Winter 2008

Our Managing Director spoke at the “Australian Energy & Utility Summit 08” in
Sydney on Tuesday 22nd July 2008, touching on a number of issues including the depressed prices experienced in winter 2008.


Background information to the shortage of capacity in winter 2007

Following from the interest generated in the article published in the AFR, we completed some analysis of the trend in IRPM over the history of the NEM up until June 2007.

The results of this analysis revealed that at no time before 2007 had the IRPM even dropped below 12% and that, except for the 2-day period (19th and 20th June) the IRPM had not dropped below 10%.