Returning to the theme of analysis of Q2 prices (completed in 2017 and 2016 due to Q2 historically being an uneventful period) we see that prices have backed off from the “off the charts” level of 2017, but are still much higher in all regions than most other regions. In some cases results are second worst in 20 years.
A comment made by TransGrid at the Energy Networks 2018 conference today jolted me to update my (somewhat) outdated paradigm of declining demand.
Alerted by our NEMwatch dashboard, I delve into the data and see a scary degree of correlation between the (very low) output of wind farms in south-east South Australia, and (similarly low) output from newer wind farms in northern NSW.
Some quick calcs to update a ball-park estimate on the cost of the Tasmanian energy crisis
The first of the diesel gensets startup in Tasmania, and make their way into the data feed.
Recapping what I’ve learnt (and highlighting some of the things I have yet to learn) about the electricity supply crisis currently facing Tasmania
A quick look at how the early winter chills are driving demand in Tasmania to levels not seen for 4 years
Who wins a consolation prize today, being closest to the flag in forecasting peak Tassie demand?
Today we have a look at what mark Tasmania reached with peak demand over “extended summer” 2014-15
A massive (60%) instantaneous reduction in Tassie’s electricity demand in the early hours of this morning caught our attention.
A few quick pointers (on New Year’s Eve) about where peak demand might land this summer in Tasmania – so you have a chance at winning Competition #6
A correction about Tamar Valley’s drop in production – and some further thoughts.
Despite consistently averaging monthly output of up to 200MW for a number of years, the Tamar Valley power station has been mothballed following an ownership change
Tasmania shivers this morning, driving electricity demand higher
A preliminary look at a number of events that happened today, leading to prices spiking to the Market Price Cap in a number of regions, Demand Side Response being very active, and trading desks being very busy.
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With a severe weather warning issued for much of Australia (with Sydney and Brisbane almost being the only exceptions) and lasting several days, it’s timely to look at what AEMO is forecasting demand to be in the week ahead.
Some quick notes, and images, of a price spike in TAS this morning.
Some quick notes about a price spike this evening in Tasmania.
Some further analysis of the MT PASA and ST PASA forecasts for other regions of the NEM (SA, TAS, NSW and QLD) for the day of 29th January 2009 – when a new record NEM-wide demand was established.
We reported previously that a price cap was invoked in Tasmania on Tuesday 16th June because the Cumulative Price Threshold was reached. In official terminology, this was an Administered Price Period (APP). At 04:00AM this morning, NEMMCO released a market notice advising the market that the APP had been lifted…