Queensland


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.













Both QLD and SA islanded from the rest of the NEM on Saturday 25th August 2018

Both the QNI and the Heywood interconnectors tripped around the same time on Saturday 25th August 2018 (not apparent at this time which one was first, and why), leading to both QLD and SA regions being separately islanded from the rest of the mainland NEM. This also contributed to over 1,000MW of load shedding in NSW and VIC, and presumably some frequency excursions in QLD and SA.