With summer 2019-20 fast approaching, we’ll use the refresher on the two core components of risk (probability and consequence) to unpick what the real issue is with respect to concerns about overheating electricity supplies this summer, especially in the Victorian region.Read More
Seasonal Record of Events in the Market
A first (and perhaps only – as this took longer than initially planned) walk through some of the interesting points of what happened yesterday (Sat 16th Nov 2019) when South Australia islanded from the rest of the NEM with the trip of the Heywood interconnector.
Third case study in a growing series – on this occasion looking at the (extreme – and possibly excessive?) lengths taken by Tailem Bend Solar Farm to avoid being dispatched at times of negative spot prices in South Australia. This analysis is specifically focused on Wednesday 6th November 2019.
Lowest point seen today since the start of the NEM (excluding the SA System Black) for the South Australian region.
Yesterday, Tuesday 29 October 2019, AEMO issued a Market Notice requesting Generator Recall information from participants in the NSW region. This was issued at 15:27 on Tuesday 29 October 2019,…
Our second Case Study in a recent series, aimed to help us explore ways to continue the pushing the development of ez2view forward, but also shared with readers here on WattClarity. This time about Daydream Solar Farm on Tuesday 3rd September 2019.
A quick look at what would have been a new “lowest ever” point for SA Scheduled Demand today at 12;30 … if the AEMO forecast had held to be valid.
Guest author (and power system control specialist), Kate Summers, looks at what’s changed since she published a paper on frequency control in the NEM back in January 2017.
An email alert from NEMwatch (noting Scheduled Demand under 500MW in South Australia today) distracts us, and prompts us to dig a little deeper at the longer-term trend.
Thursday 10th October 2019 presented another day of many negative price events in the QLD region. In this Case Study (prepared for dual purposes) we look at how one particular solar farm operated through this period – Ross River Solar Farm.
Some operations at Stanwell Power Station unit 1 in the past couple weeks caught our attention, and are presented as a useful illustration of some concepts related to flexibility of power generators (in this case, coal-fired power).
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.
Rapidly growing solar PV output has been widely tagged as the cause of low and even negative prices in Queensland. But in any market it’s the behaviour of ALL participants that determines price outcomes. Guest author Allan O’Neil takes a closer look at recent NEM bidding.
The run of prices at $0/MWh and below is continuing in Queensland region this week as we pass into spring (many dispatch intervals today down as low as the Market Price Floor at -$1,000/MWh). This begs a few questions…
Without resiling from last week’s criticism of how the headlines from AEMO’s 2019 Electricity Statement of Opportunities (ESOO) were communicated, it’d be churlish for me to fault the depth of…
I’d rather not add to the number of conspiracy theories in circulation, but I wonder if there’s a conspiracy to make understanding our electricity system in general, and its reliability…
AEMO releases its Electricity Statement of Opportunities today, with an initial flurry of press coverage. Another reminder of heightened risk that the NEM is increasingly facing…
Bit of an uncanny coincidence, having posted some concerns about the coming summer 2019-20 only 2 days ago, to find that the AEMO has called for expressions of interest for…
Given the high level of interest in the Generator Report Card, both the Australian Institute of Energy and the Australian Energy Council have organised separate events (in Sydney in August) providing the opportunity to talk through some of the things we’ve learnt through the process of putting the Generator Report Card together. You’re most welcome to attend!
Coincidentally this week it seems to me that we’re facing storm warnings on two different fronts – one literal (and much easier to prepare for), whilst the other one is metaphorical and operates at several different levels (and is much, much more difficult to manage).