Geoff Bongers, Nathan Bongers and Andy Boston have prepared this guest authored article following on from their recently published paper about the characterisation and mitigation of renewable droughts in the NEM.
Read MoreTo mark the end of the financial year, Dan Lee writes this explainer about MLFs and gives some examples of noticeable long-term MLF trends within the NEM.
A short note about the release of the final version of the AEMO’s 2022 ISP that was published this morning.
The price has been spiking on Monday evening 27th June 2022.
Second (linked) article this evening, spelling out the two theories we’re aware of with respect to why some participants might have withdrawn capacity from the NEMDE dispatch/pricing run in June 2022 – leading to the AEMO Suspending the Market.
With Market Suspension (just) behind us, in this weekend article we take a look over the past 16 days to see how volumes offered to the market from the two types of plant have varied … and the prices they are offered at. The question is asked … why did those DUIDs withdraw capacity from the NEMDE dispatch and pricing run?
The unsuspension of the market is a useful time to reflect on ‘how we got here’ … starting with this 18-month trend of daily average spot prices.
A brief synopsis of the costs AEMO estimates it paid for Reserve Trader in the recent period around Market Suspension.
First article for Friday 24th june 2022 with the market still in suspension.
A few quick notes about the voltage disturbance experienced in the early hours of the morning in South Australia on Thursday 23rd June 2022.
With Market Suspension possibly being lifted tomorrow morning, the flagging of forecast LOR3 in *very preliminary* ST PASA run for Thursday 30th June was of interest.
A short note about the end of the Administered Pricing Period (for now?) from 04:05 on Thursday 23rd June 2022.
A quick look at the NEM on Wednesday evening, with thoughts to the near future.
This morning AEMO published Market Notice 98805 confirming continuation of Market Suspension from 04:05 Thursday 23rd June until further notice.
Marcelle explores how settlement prices are set and how dispatch is operating during the current market suspension.
A short article to follow on from an AEMO announcement at 16:30 today about a possible pathway out of Market Suspension
An update on our thinking about LOR forecasts, under these ‘far from normal’ current market conditions.
A short article noting the ESB’s release of high-level design of Capacity Mechanism.
A short article to note the release of the ACCC’s 7th issue of the ‘Inquiry into the NEM’ … along with an Addendum at a very topical time.
In parallel to the ‘Energy Crisis 2022’ (and perhaps related to it, in some ways) we see a step change decline in the performance of the timeliness of file creation for P5MIN at the AEMO in recent days…