It feels like a lifetime ago, already, but I do vaguely remember that we released our Generator Statistical Digest 2019 last week, on Tuesday 28th January 2020. All the tasks…
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
A brief overview of a stressful afternoon/evening in the NEM, where a confluence of events (heatwave-driven high demand, low wind, coal unit trip, etc…) drive LOR2 low reserve condition notice in both VIC and SA, and gear AEMO up to call on Reserve Trader (yet again!)
This afternoon saw the Queensland Scheduled Demand peak at 9,657MW – under 400MW off the all-time record set in February 2019.
Guest author, Tristan Edis, looks particularly at the Queensland Region of the NEM, and an almost complete stop in the development of new renewables projects.
With Queensland temperatures (even at the Brisbane airport) exceeding 40 degrees Celcius today, the electricity demand was also high – though still below the all-time record.
The spot price in Queensland spiked above $1,400 for the first time of the summer on Monday afternoon
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.
The run of prices at $0/MWh and below is continuing in Queensland region this week as we pass into spring (many dispatch intervals today down as low as the Market Price Floor at -$1,000/MWh). This begs a few questions…
The Queensland region of the NEM saw a new all-time record for peak electricity demand today (Wed 13th February 2019) by several different measures. A bit later in the evening we take a brief look at a few different factors.
Currently (as at Monday morning 11th February) AEMO forecasts indicate that Queensland electricity demand on Wednesday afternoon will come very close to an all-time record.
A quick look at AEMO’s current forecasts for Friday (prompted by a few conversations externally)…
A quick look at the situation today, where generation in central and northern Queensland was constrained down in the middle of the day, driving prices higher.
A quick first look at the way the AEMO is currently seeing the supply/demand balance for the Queensland region through summer and Q1 2019 – with the “out of left field” possibility of industrial action making it even more interesting.
The growth of Large Solar in the NEM has been phenomenal, and a sign that things are changing quickly in the Australian energy industry. The chart attached is the maximum…
Some conversations with new generation developers about their prospective developments in northern Queensland has prompted some analysis to help them understand the size of the addressable market for them.
Temperature forecasts are for hot weather in Queensland early this week – which means AEMO is forecasting high demand in the QLD region. With this, they are alerting on a forecast LOR2 Low Reserve Condition warning. We take a look…
The multi-region islanding event on Saturday 25th August was a very rare event – perhaps the only one’s that occurred in the history of the NEM. It has generated plenty of questions – and driven our analysis further. We share some more observations here, and keenly await the draft AEMO report.
Following on from Saturday’s islanding event, we use our current interest in AEMO’s 4-second SCADA data to prove a little more…