Run of extreme prices in the SA region on Friday 8th December 2023
Prices in SA have spiked to close to the market cap and remained elevated, following the invocation of the ‘I-VS_250’ constraint set due to extreme weather conditions.
Prices in SA have spiked to close to the market cap and remained elevated, following the invocation of the ‘I-VS_250’ constraint set due to extreme weather conditions.
Guest author, Allan O’Neil, takes a detailed look at how VIC1-NSW1 transfer capability has been limited frequently due to constraints related to the 051 line in southern NSW, and what it means in terms of inter-regional settlements residue accumulations, market efficiency overall, and the energy transition.
From 16th March 2023 the infamous ‘x5 constraint’ has been split into two. We quickly showed previously that the design of the Left Hand Side (LHS) does not vary. In today’s article, valued guest author Allan O’Neil takes a look at what is different.
Limits on interconnectors play a key role in setting regional prices in the NEM. Marcelle finds a number of traps when interpreting the market data.
A short note about an unexpected Basslink outage that began yesterday morning.
Over 2,000 MW – or around 55% – of South Australia’s firm supply capacity was unavailable last Friday evening (March 12, 2021), along with virtually all of its large-scale renewable supply (a further 1,800 MW or so) but the lights…
On 25th November, guest author Allan O’Neil examined the ‘X5 Constraint’. Two weeks of operation have passed, so now Allan reviews some of what’s happened.
Given the great interest in the new ‘X5 constraint’, guest author, Allan O’Neil, has invested some time to pick the new constraint equation to understand (and then explain) what it is, how likely it will be to bind, and who is likely to be affected.
Ben Skinner from the Australian Energy Council examines how transmission is currently funded in the NEM.