Energy Literacy




More on those negative prices – how do contracts affect bidding behaviour?

Guest author Allan O’Neil provides this handy explainer on how generators’ contract positions affect their bidding decisions and can make negative spot prices pay off, at least in the short term. Very useful for those readers not actively involved in wholesale trading in helping to understand why some conspiracy theories might not match reality.


Price Setting Concepts – an Explainer

Guest author, Allan O’Neil, contributes to our series of articles explaining how prices are set the the NEM (as part of how dispatch works). In this article, Allan explains some of the details in the AEMO’s “Price Setter” file.





An explainer about electricity demand [take 1]

Following from a steady stream of questions we receive in relation to a range of our products (but in particular with respect to “the RenewEconomy Widget”) we’ve invested some time to put this post together to explain some of what we understand about electricity demand.






Cost Confusion

Our guest author, Allan O’Neil, posts an overview of the strengths and weaknesses of an increasingly popular metric – the LCOE (or Levellised Cost of Energy)


Let’s talk about FCAS

Ancillary Services Matter! No longer just realm of electrical engineer or energy trading boffins, ancillary services (and particularly Frequency Control Ancillary Services or FCAS which will concentrate on today) have become front and centre in so many ways that barely a day goes by without market observers referring to grid stability, inertia or frequency management.