Spot gas prices hit $20/GJ on Tuesday 6th July
A short record of gas prices being up at $20/GJ and above through a cold spell for winter, with other factors at work.
A short record of gas prices being up at $20/GJ and above through a cold spell for winter, with other factors at work.
Quick notes about the winter evening peak in demand on Monday 5th July 2021
A rainy Saturday morning reminds us the price volatility for Q2 in QLD has not totally gone away … with elevated prices for ENERGY and also Contingency FCAS (Raise 6 second and Raise 60 second).
Here’s one big reason why the high outcome for Q2 time-weighted average spot prices were so far away from the (much lower) expectations in all 4 regions at the start of the quarter.
On Friday evening (2nd July 2021) Yallourn 4 returned to service
Now making it 5 out of the past 6 years, we return to the analysis of electricity (spot and futures) pricing patterns for Q2 periods across the NEM regions … and also in Western Australia. We see a number of ways in which Q2 2021 was ‘anything but boring’!
An updated view of the return to service schedule of Callide C3 and C4 … along with Yallourn unit 4.
On Thursday last week the AEMC published a Draft Determination in response to an application by AEC to combat one form of ‘Villain #8’ in relation to Registration of generators under the mandatory 30MW registration threshold.
Yallourn now has 3 units back online, with return-to-service (RTS) of Yallourn unit 2 on Sunday 27th June 2021.
Unit 3 at Yallourn Power Station came back online early this afternoon. Recent flooding at the power station’s adjoining mine has impacted it’s fuel supplies in recent weeks.
For a second portion of Q2 “elephant eating”, I’ll look in some detail at the dynamics of an early instance of spot price volatility in Queensland, because many drivers turn out to be similar across other volatile intervals in the…
Callide B2 returned to service this morning after nearly a month of being offline, following the explosion and outage at the station in late May.
Day-ahead demand forecasts will be integral to any future ‘Ahead Market’. We take a look at the current state and accuracy trend of demand forecasts made 24 hours ahead as part of the broader piece of work to feed into GenInsights21.
A short article marking (yet) another volatile evening in the NEM in this ‘elephant’ of a Q2 2021… now with some added challenges for gas-fired generation.
Following Saturday’s review of changed expectations for Callide Power Station and Yallourn Power Station, I took a look at aggregate expectation by fuel type. Here’s a belated article with the results.
A few recent developments have prompted this article about Villain no8, a villain initially contemplated prior to my ‘forecast of sorts’ back at Clean Energy Summit in July 2017.
An old adage runs that to eat an elephant, it’s best to proceed in small servings. With a very eventful Q2 in the NEM not yet finished, the number of headline events is already large enough – unexpected price volatility…
After taking a quick look at the Callide units, we’ve also used ez2view to have a quick look at the Yallourn units to see when they are scheduled to return.
A quick look this afternoon sees that the return to service for Callide B2 has been delayed a few days since I last looked during the week.
A series of questions about what’s happening at Newport Power Station prompted me to have a quick look…