July 2017 – Global-Roam

31JulDecember 22, 2017

The Advertiser uses the NEM-watch Widget in explanation

Monday 31st July 2017 was a day (one of an increasing number in recent years) when dispatch prices for energy in South Australia dropped below $0/MWh – and, in this case, down to the Market Floor of -$1,000/MWh for the 13:30 dispatch interval.

We posted two images from NEM-Watch v10 on WattClarity here, to help to illustrate that there was more going on than just “energy” market considerations.

We also noticed that the Advertiser (in this article here) referenced our NEM-Watch Widget in their story about strong winds, and a transmission outage causing export limitations, contributing to negative prices in the region. Here’s a snapshot of some of the article:

Given we intend all of our products to “make complexity more understandable, so people can make better decisions” it’s always good to see people acknowledge that we deliver on that mission, in this way.

07JulJuly 7, 2017

References to WattClarity “astonishing Q2 prices” article referenced in various locations

On Thursday 6th July 2017, I posted this analysis on WattClarity ® about some “off the chart” movements in average prices, and pricing patterns, across all 5 regions of the NEM – but most pronounced in VIC, TAS and SA. This analysis was performed using NEMreview v6.

Following from this, we saw the analysis referenced in a range of locations, some of which will be progressively added below:

in the Australian Financial Review

On Friday 7th July we saw the analysis referenced:

Mark Ludlow wrote about “Companies hit hard by soaring wholesale power prices”, referencing the Wattclarity analysis, and earlier articles at the AFR:
Angela Macdonald-Smith wrote about “Gut-wrenching: power prices rise 64% in June quarter”, and
Jennifer Hewett also wrote about “Energy prices soar as Josh Frydenberg tries to thread eye of the conservative needle”.

in the ABC

Various commentaries were made by others* on ABC Radio referencing the analysis, and I noticed that:

* note that we don’t, ourselves, speak on TV or Radio, as it takes our time away from directly serving our client base.

across Social Media

various comments were made across social media (LinkedIn and Twitter are the ones I mostly use).

04JulJuly 7, 2017

References to Wattclarity “wind drought” article in newspaper reports

On Friday 30th June 2017, I posted this analysis on WattClarity ® about the low levels of aggregate wind production seen across the NEM through June 2017.

Matt Chambers, resources reporter at The Australian picked up this article and added additional comments in his article “Lack of wind blows out South Australia power costs” on Tuesday 4th July (subscriber access required):