On Thu 29th Feb 2024 (a day when NSW saw high demand, was stretched in terms of available capacity, and benefited from the electricity and other services provided by soon-to-close Eraring) the Dept of Energy in Canberra released a Design Paper on the expanded Capacity Investment Scheme. A very appropriate day for release …
Tom Geiser argues against time-stamped Renewable Energy Certificates – and how the concept could impact trade, accuracy, market signals and other factors.
Drawing from GenInsights Quarterly Update for Q4 2022, and the next version of our ez2view software, we take a look at the *current* expectations for closure of Liddell Power Station (within weeks) and Eraring Power Station (in 2025). A segue into this week’s update to the ESOO, perhaps?
Following the published note of scepticism/concern about the energy transition from several industry CEOs in the AFR on Friday, we take a quick look at the replacement capacity needs just for Loy Yang A power station to illustrate the enormous scale of the challenge.
Wednesday 8th June 2022 saw bust-boom-bust supply-demand balance, with yo-yo pricing resulting. Very topical, given discussions in various parts about a capacity market.
A back-dated article looking back at Daniel Westerman’s keynote address at CEDA on 14th July 2021.
A couple glimmers of hope spotted recently, that there might be some (belated) awareness that the current methods of support for ‘anytime/anywhere energy’ are not scalable, or sustainable.
Some brief initial thoughts, following the release of two discussion papers by the COAG Energy Council – the first on two-sided markets, and the second seeming to cover two different challenges (forward markets, and ‘Keeping the Lights on Services’).
Last week saw more in a growing series of exits, and asset write-downs, amongst new entrants in the supply of renewable energy within the NEM. Today on WattClarity I ponder whether we have been setting them up to fail due to the nature of support provided to these new entrants. What is your perspective?
Using the (hot off the press) Generator Statistical Digest 2019, we take a look across all 304 DUIDs to see how they performed through calendar 2019 in terms of large excesses in ‘Raw Off-Target’ in both directions. These results suggests implications for the future…
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…
In terms of diversity of intermittent supplies, we need to understand that we’re not just comparing data series on a scale that runs from “highly correlated” to “random”…
A summary of some comments that we’ve seen in the first few days of the Generator Report Card
For those who have already pre-ordered their copy, this is how you can access – and for those who have not, but would like a copy, this is how to arrange this as well.