Guest author, Allan O’Neil, drills into considerable depth to understand, and clearly explain, some of what happened during a volatile period in the VIC and SA regions on Friday 1st March 2019
Yesterday I noted what appeared to be trips of two solar farms – Gannawarra and Karadoc – within a single dispatch interval and coincident with a period of volatile prices. Also yesterday, Dylan McConnell flagged a drop in output at the brown coal plant around the same time, with some questions. With the benefit of access to yesterday’s bids, today I have a look at the 5 power stations (pending a broader review next week by guest author, Allan O’Neil).
Some quick notes about the volatility seen in the NEM on Friday 1st March 2019 – a hot day in Victoria and South Australia, the first day of Autumn.
An AEMO Market Notice about “Generator Recall” for Friday’s forecast hot weather in South Australia and Victoria prompts a quick look at what’s changed in the forecast that would prompt this action.
Two quick notes about what happened in Victoria on Friday 25th January 2019 following conversations with a number of people.
Back at work this week and (with curiosity getting the better of me) I have another look at what happened last Thursday and Friday in the South Australian and Victorian regions of the NEM.
A first look at some of the action seen in the southern parts of the NEM on Thursday 24th January 2019 as a result of the latest crazy heatwave that has afflicted central Australia – particularly affecting electricity supply and demand in South Australia and Victoria
A short post, prior to further analysis next week, to notify readers that Reserve Trader has been dispatched today.
Some snapshots from NEMwatch recording a day where NEM-wide demand breached 33,000MW and prices spiked above $1000/MWh in VIC and SA
Following AEMO’s warnings issued yesterday about possible extreme heat next week in Adelaide, Melbourne and Sydney, I take more of a look at what might transpire and compare it to historical correlations between cities.
Two quick snapshots of a high priced day in Victoria and South Australia – with the price jumping above $12,000/MWh at 15:50
Following on from Saturday’s islanding event, we use our current interest in AEMO’s 4-second SCADA data to prove a little more…
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.
A brief look at the numbers with the temporary coal supply issue affecting Loy Yang A and Loy Yang B overnight
On a day when high temperatures drove demand in Victoria above 9,000MW (and NEM-wide demand above 30,000MW) we saw some price volatility – with prices in VIC and SA up around $14,000/MWh
Yesterday (Sunday 28th January) saw electricity demand (both Scheduled and Operational) above 9,000MW in the heat. Others have noted this was the highest-ever non-working day demand in Victoria, but I have not delved in detail.
A starting list of all the factors I would like to delve into, in order to perform an objective review of what happened last Thursday and Friday in Victoria and South Australia
Some observations about the events across Victoria and South Australia of Thursday 18th and Friday 19th January 2018.
Reserve Trader dispatched