My ‘elevated prices’ alerts have been quiet for a lengthy period (apart from the odd spikes for FCAS in Tasmania). So a string of alerts for prices > $500/MWh in QLD and NSW, and later SA (on Fri 9th Oct 2026) are worth noting.
In an initial post-mortem of last night’s sustained period of high prices in SA, we take an initial look at how the region's utility-scale battery fleet responded, showing how aggregate stored energy was rapidly drawn down and how availability across the fleet tightened.
Overnight, Adelaide recorded its hottest night on record according to ABC News, with minimum temperatures staying above 34°C, resulting in flashes of price spikes in the region early this morning.
If we had been in the previous financial year, the old CPT of $1,573,700 would have been tripped.
Cold winter conditions in NSW have pushed market demand in the region above 13GW this evening. Meanwhile, high prices have stuck around in SA.
Dan dives into the history of the NEM’s market cap and explores how high-end prices contribute to regional settlement costs and cap payouts.
Elevated prices struck QLD and NSW for the fourth night in a row - with spot prices climbing above the $1,000MWh mark briefly this afternoon.
A string of SMS alarms alerts us to another burst of high prices in the two northern regions, early this evening
Oliver Nunn of Endgame Analytics provides this summary of NSW price, demand and generation trends to provide context about what has happened in the region over the past several weeks.
High prices eventuate slightly earlier than was earlier predicted, coinciding with the ‘N-CTMN_4_WG_CLOSE’ constraint set starting invocation today.
Five key takeaways arise from an initial inspection of energy bids on the 30th July 2024, where extended periods of high energy prices eventuated.
A short examination of some of the over-arching factors at play yesterday evening - where prices spiked above $3,000/MWh in all five regions simultaneously.
Already this evening we’ve seen a rare occurrence of price spikes in all five NEM regions simultaneously.
The South Australian region is seeing a run of high prices, starting just after 6pm this evening.
Spot price volatility was experienced in Queensland and New South Wales on 4th September 2023.
Earlier LOR conditions forecast for SA this morning did not eventuate to an actual, but the region was hit with a short run of price spikes.
Carl Daley of EnergyByte walks through the 'angry bear response' between market players, and the outcomes and consequences of these actions.
Dan Lee provides some exploratory calculations in order to estimate the total cost of maintaining electricity supply throughout a very turbulent June.
The market volatility on Wednesday 10th August 2022 turned out to be illusive. We review unit output by fuel type to study how different generator groups responded on the day (in aggregate) finding increases, decreases and patterns in between.
After many years in a row, we return (in the midst of the '2022 Energy Crisis') to review the pricing patterns in the NEM and the WEM for Q2 2022.