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

07JulJuly 7, 2017

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).

NEM-Review used on the ABC’s 7.30 report to explain how electricity prices have changed over summer

20FebApril 10, 2017

Hugh Saddler from the Australian National University, has used NEM-Review to help explain the state of the electricity market on the ABC’s 7.30 report which was broadcast on the the 13th of February 2017. In the report, several industry experts provide insights on the multi-state energy crisis over the summer that had been developing for several months.

Energy blogger uses NEM-Review to analyse historical demand data

10MarApril 5, 2016

Energy, science and technology blogger Ketan Joshi published an article on Monday which posed the question ‘Is Sydney’s heat decoupling from demand spikes?’. Within the post, he uses historical data from NEM-Review to compare New South Wales’ average demand between 2000-2015 against the daily average demand so far in 2016:

“Curiously, demand isn’t much higher or lower than the past five years. Keep in mind this comparison is slightly different – averages from 2000 to 2015, rather than temperature averages from 1859 to 2015 (like-for-like also shows average 2016 temps above the 2010-2015 average, though).”

“Regardless, there’s a novel disconnect, here. Sydney’s unusually high temps aren’t driving unusually high demand.”

Explaining why large energy users are concerned about last week’s machinations in South Australia

03AugApril 5, 2016

A week of unusual occurrences in the South Australian energy space fascinated many onlookers, particularly large energy users.

After fielding a number of calls from large energy users in South Australia who were wanting to know what was going on, our CEO, Paul McArdle wrote this article on WattClarity to explain why they were concerned, to note observations about what happened and to state the possible implications for the future.

Government department gets value from using NEM-Watch and NEM-Review

07AprApril 5, 2016

One of our government department clients has recently left us a comment after using NEM-Watch and NEM-Review for an extended period of time:

“Thank you very much for your excellent service. We, at the Department, highly value both of your products (NEM-Watch and NEM-Review), which we use on a regular basis and find them extremely useful in the provision of any NEM related data analysis”

Dr T S Prasad – Manager Analysis & Modelling, Department of Water & Energy

7th of April 2008

It’s fantastic to see that government departments are continuing to get value out of our products, particularly when generating context-sensitive insights into data.