First day under the carbon tax – how have spot prices changed?
It’s the first day under the new Carbon Tax regime, so worthwhile to have a quick look at early indications of how spot prices have changed in the NEM.
winter
Winter 2012 in the NEM
An assortment of articles covering events happening during Winter 2012
What happened to demand, this winter?
A brief summary of NEM-wide demand this winter
Winter 2011 in the NEM
Miscellaneous articles about what we observe during Winter 2011
First price spike of Winter 2011
Some quick notes, and images, of a price spike in TAS this morning.
Background to Winter 2010 in the NEM
Inspired by the price spike experienced this evening, I have spent a little time to put together the background to winters in the NEM.
This will be useful in understanding the context of any other events that occur this winter, and are analysed on WattClarity.
What was the peak NEM-Wide Demand this Winter?
A quick overview of how the daily peak NEM-wide demand trended over winter 2009, in relation to our forecasting competition.
Highest (real) NEM-Wide Demand this winter – on Thursday 11th June 2009
Some preliminary analysis of what happened on Thursday 11th June 2009 – when the NEM experienced its highest NEM-wide demand this winter.
A brief look at peak NEM-Wide Demand over recent winters
This weekend, we have prepared this analysis of the entries we received for our “Peak Demand Forecaster” competition for winter 2009.
In conjunction with this analysis, we thought it would be of interest to also incorporate this chart (generated from a BETA version of the NEM-Review v6 software package) to highlight how the peak NEM-Wide demand unfolded over the previous winters…
Price cap lifted, and Tassie price spikes again
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…
Tassie hits the Cumulative Price Threshold
For only the third occasion in the 10 1/2 years that the NEM has been operational, the Cumulative Price Threshold (CPT) has been reached. Yesterday evening, the CPT was reached in the Tasmanian region.
A review of recent winters in the NEM
For those who weren’t aware, Winter 2009 has seen us offer our “Who’s the Best Demand Forecaster in the NEM” challenge – as a chance for the market to redeem itself, following what happened in summer 2008-09 (when the market surprised us all).
Win an Espresso Coffee Machine as the Best Demand Forecaster for Winter 2009
The “Who’s the Best Demand Forecaster in the NEM?” challenge for winter 2009. Tell us the peak demand for this winter by 9AM Monday 29th June, and win your choice of espresso machine.
Prices Surge in QLD and NSW as Demand Climbs
We noted yesterday (Wednesday 10th June) that NEM-wide demand climbed past 32,000MW for the first time this winter.
The following evening saw demand climb to similar levels (a peak of 32,054MW at 18:20 – so 35MW higher than the previous night). However the situation on Thursday night was different in two key ways…
Winter 2009
Miscellaneous articles on activity in the NEM during winter 2009.
First Spike in Demand this Winter As Temperatures Plunge
On Wednesday 10th June 2009, temperatures plunged across the NEM for the first time this winter, providing a long-awaited dump of snow to start the season, and driving electricity demand high.
Analysis of the FCAS market in Victoria over the 23rd July, 2008
On the 23rd of July, 2008 one of the HWTS – LYPS 500kV Line was down for maintenance when a second one tripped, leaving only one line remaining. This caused NEMMCO to declare the failure of that remaining line the greatest single contingency in the NEM, causing them to buy large amounts of FCAS from generators.
July in the NEM (a review of 10 years of history)
One of 12 articles on the months past in the NEM. Analysis of July has revealed that the peak NEM-wide demand for the past 3 years has occurred in winter – and has been significantly higher than the peak summer demand.
August in the NEM (a review of 10 years of history)
One of 12 articles on the months past in the NEM – in which we examine the trends in price and demand across the NEM for the month of August.
June in the NEM (a review of 10 years of history)
One of 12 articles on the months past in the NEM. June has brought us several cases of “economic witholding of capacity” – particularly in 2002, and in 2007 the NEM had a very interesting week in which the IRPM plunged to its lowest level ever.