The past week, with wind farm output blowing gangbusters in South Australia (coupled with low demand and System Strength requirements) we seen the “Wind Correlation Penalty” start to bite, with some reactions also beginning to show.
Highlighting the different approaches taken to cost/price based dispatch in an interconnected electricity system (or market).
Walking through 5 (much simplified) “Dispatch Intervals” to illustrate some starting principles of marginal price based dispatch arrangements, such as used in the National Electricity Market
Conversations in the week following my post about “Villain #4” (being the deficit in required Energy Literacy) prompted some analysis relating to Marginal Loss Factors
Guest author, Drew Donnelly at Compliance Quarter, uses the review of hedge practices in the wholesale market included in the recent ACCC report as an opportunity to reflect on what approaches they have seen in their work with new entrant retailers
A year after I first spoke about “Villains” playing a role in the train wreck of our energy transition, I’ve finally found some time to post about Villain #4.
One of our guest authors, Allan O’Neil, takes a closer look at what happened in the South Australian region of the NEM on Monday 9th July 2018
Some brief analysis of today’s price volatility seen in the South Australian region of the NEM
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.
Some further thoughts on what we’ve termed a “Solar Correlation Penalty” which point-view of some specific dispatch intervals seems to suggest is occurring
All too often people (including us sometimes, unfortunately) are quick to attribute some particular outcome to a single contributing factor. Almost always this is an over-simplification.
Our guest author, Dave Guiver from ERM Power, outlines some new options for hedging in relation to the influx of many new large-scale solar PV projects
Highlighting the temptation to ascribe motivation to others – despite the fact that we understand that we can never know for sure.
The start of some analysis that helps to identify the variety of factors that combined to give a shaky balance between supply and demand in NSW last week.
A comment made by TransGrid at the Energy Networks 2018 conference today jolted me to update my (somewhat) outdated paradigm of declining demand.
A collection of articles about events that occurred through winter 2018 in the NEM (i.e. from 1st June to 31st August 2018)
Yesterday (Thu 24th May) AEMO issued a Low Reserve Condition notice (at LOR2 level) for South Australia next Thursday 31st May. We take a quick look….
This morning over on Twitter, I was pulled into a discussion that had started with respect to volume of wind energy curtailed in South Australia: The genesis of this…
A brief first look at AEMO’s new MT PASA data sets – as we push forward in the next upgrade of our ez2view software to help our clients understand the data, and the opportunities (and threats) that the data reveals.
Already we are seeing the highly correlated output of solar PV deliver interesting challenges for the NEM – both to the project proponents themselves, and also to the “everything else” that supplies what’s left of the underlying demand from electricity from any source.