Pondering the future of Australia’s electricity market through detailed analysis

Our CEO, Paul McArdle recently penned an article on WattClarity pondering whether the remarkable price results from Q2 were a short lived excursion or whether they are the begging of a more systematic change in pricing patterns. Paul’s article caught the attention of several journalists including Ben Potter from the Australian Financial Review, who referenced the analysis in his piece ‘COAG out of action as electricity prices soar‘, and sought comments from Paul on the topic:

Average wholesale electricity prices across the National Electricity Market shot up to $65-$80 a megawatt hour in the mainland NEM states in the June quarter, and to $120 in Tasmania, Paul McArdle, director of GlobalRoam, said.

Explaining South Australian wind generation to interested (and confused) stakeholders

After fielding a number of questions relating to wind farm production in South Australia over a two week period – our CEO, Paul McArdle took to WattClarity to help make the complexity of the situation understandable to many interested (and confused) onlookers.

To illustrate the yin and yang of wind over a 4-day period for broader consumption, we used our NEM-Watch entry-level dashboard. Using screenshots of NEM-Watch we were able to create the animation below to clearly explain what was happening over the 4-day period.

 

Explaining solar power’s contribution to power supply to a wider audience

Our CEO, Paul McArdle has been quoted by Angela Macdonald-Smith from The Australian Financial Review in regards to solar power’s place within the NEM. Paul’s comments provided an insight to a wide audience about solar’s “small but rapidly growing contribution” to power supply.

He was quoted as saying:

“About 3 gigawatts of solar power is installed across the national electricity market. In the absence of solar demand would have been higher this week byt now much is difficult to say. Only those household that had oversized their solar systems thanks to earlier, more generous feed-in tariffs would probably be able to meet their own air conditioning demand during the summer peak. Others who installed systems would still be relying on the grid to supplement their own solar generation.

Presentation on “Extreme weather and volatile pricing in the electricity market” for Engineers Australia

The summer of 2012-2013 was a very volatile time for the Queensland region of the NEM.

Responding to a number of questions received from a number of our clients (and others) we initiated a more formal review of the nature of this volatility (including some of the underlying causes).

Our CEO (Paul McArdle) was invited to present some preliminary findings to a joint meeting of Engineers Australia and IEEE in Brisbane on 30th May 2013.

You can view the full presentation (including extensive Q&A session) by following the link below:

http://www.mediavisionz.com/ea/2013/eaq/130530-eaq/index.htm

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