Autumn 2010 in the NEM
Articles on various stand-out events happening in the National Electricity Market in Autumn 2010.
Articles by Kim Lerchbacher
Price spikes in SA and VIC on 21st April
Just after midday today (Wednesday 21st April) South Australia and Victoria experienced some high spot prices. Here’s a quick post to highlight what happened.
Demand Side Response in NSW on 4th February
On the 4th of February at around 11am energy users in NSW appear to have curtailed their load in response to high prices, resulting in a significant drop in demand. Simultaneously, network conditions and generator rebidding caused the NSW pool price to jump back and forth between extreme prices close to VOLL ($10,000/MWh) and the Market Floor Price (-$1,000/MWh).
Earth Hour 2010 – Impact on Australia’s Electricity Market
Now in its 4th year – Earth Hour has continued to spread across the globe, but participation in Australia appears to have decreased from previous years. In this article we compare reported electricity savings during the past 4 Earth Hour events, and look at the effects of Earth Hour on the NEM in 2010.
Investigation of Negative Prices in Tasmania on 2nd & 3rd February
On the 2nd and 3rd of February this year prices spiked in South Australia and Victoria in the afternoon. Coinciding with these spikes, the Tasmania pool price went negative, close to the Market Floor Price (-$1000/MWh). In this article we take a look at the effects and possible causes of the negative prices.
VOLL and Lack Of Reserve 2 in SA and High Prices in VIC
More high temperatures in South Australia and Victoria this afternoon have driven the demand and the spot price high.
Playback of high prices in SA and VIC
Prices in South Australia and Victoria have been high this afternoon, jumping up over $2000 in both states at 3pm NEM-time today.