Volatile price period runs over 5 hours on 2 July 2025 in SA
If we had been in the previous financial year, the old CPT of $1,573,700 would have been tripped.
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Evening spot prices less volatile than anticipated in SA on July 2, 2025
Spot price volatility occurs in SA on 2 July 2025, yet not to the level that risks exceeding the cumulative price threshold.
More than 40,000 customers without power in NSW on Wednesday 2nd July 2025 after wild weather overnight
Wild storms over night have impacted parts of the Ausgrid, Endeavour and Essential Energy distribution networks in NSW.
Keep an eye on the SA Cumulative Price this evening on Wednesday 2nd July 2025
After an extended burst of high prices last night, and a short burst this morning, the cumulative price in SA has moved closer to CPT territory.
NSW records highest winter demand in fifteen years, whilst high prices eventuate in SA on Tuesday evening 1st July 2025
Cold winter conditions in NSW have pushed market demand in the region above 13GW this evening. Meanwhile, high prices have stuck around in SA.
Directions Paper adjusts approach to loop IRSR
Under the new direction proposed, netting off would be applied to allocate IRSR. The proposal is open for feedback until 10 July 2025.
VNI West given an official two year delay, with expected completion date pushed back to late 2030
Transmission Company Victoria (TCV) yesterday announced a two-year delay to the project delivery timeline for the VNI West project.
Market Price Cap increases to $20,300/MWh from today, 1st July 2025
With the start of the new financial year, today marks the first step in the AEMC’s staged reform of the Market Price Cap, with it rising to $20,300/MWh...
Triple C conditions (cold, calm and cloudy) across the NEM last Thursday evening 26th June 2025
Carl Daley examines the underlying conditions and outcomes that occurred last Thursday evening, the 26th of June.
East coast low brings challenging conditions for start of July in 2025
The weather forecasts are alerting to the formation of an East Coast Low this week. The low is expected to sit just off the eastern cost of Australia,...
Evening volatility on Friday 27th June 2025
Another run of energy spot price volatility occurred on Friday 27th June 2025.
How low did it go? NEM-wide wind production in recent days
We've already noted the ‘New all-time record for NEM-wide wind, on Monday 23rd June 2025’. But how low did wind production drop, on Thursday 26th June 2025?
Next steps in two big market changes (in terms of transparency)
Worth a short note today (Friday 27th June 2025) to note the publication of MN127877 – which references two market changes that will improve market transparency for all...
Past 3 hours of continuous volatility on Thursday evening 26th June 2025
Considering that it was 16:45 (NEM time) when volatility started it’s notable that we’re into our 4th hour of volatility now on Thursday evening 26th June 2025.
Evening volatility ongoing (Thursday 26th June 2025), with NEM-wide ‘Market Demand’ above 31,000MW
A further update on the volatility and high demand seen on Thursday evening 26th June 2025.
Run of evening volatility starts early, on Thursday 26th June 2025
Here’s a NEMwatch snapshot at 16:50 (NEM time) on Thursday 26th June 2025 with the run of volatility in the southern regions already well underway.
AER approves application for Basslink to be converted into a regulated transmission service
After rejecting an earlier proposal, the AER has today approved the conversion of Basslink into a regulated transmission service.
Cold weather drives electricity ‘Market Demand’ higher (and higher than AEMO’s earlier forecasts)
I thought it would be worth adding a couple snapshots from the ‘Forecast Convergence’ widget in ez2view looking at ‘Market Demand’ as at various dispatch intervals on Thursday...
Morning volatility in the southern regions – Thursday 26th June 2025
Here’s a snapshot from NEMwatch at 07:25 to record some morning volatility on Thursday 26th June 2025
Opaque Congestion and Hidden Curtailment … such as on Tue 24th June 2024 with the ‘N-DPWG_63_X5’ constraint set invoked
It was now just over 5 years ago when Marcelle wrote ‘Not as simple as it appears – estimating curtailment of renewable generation’. This week's invocation of the...