A tight supply/demand balance in NSW over the week (4th June to 8th June 2018) triggers various activity

Over the prior week (Monday 4th June to Friday 8th June 2018), the NSW region – and, to a lesser extent, the broader NEM – experienced a tight supply/demand balance.

In response to what was happening during the week, we saw a range of activity ourselves, including:

(1)  One-on-one questions with clients

Our prime focus is (and always has been) on continually enhancing how we serve our diverse and growing range of clients, who use our software (and other products) to help them understand what’s going on in the energy market.

Given that the events of that week were so complex (and coincidentally that I had pre-arranged commitments in NSW with a number of clients & others) it was not really a surprise that we fielded a number of questions (some described here) about what was going on.  We appreciate these questions – as they stretch our capability to understand, and explain clearly, complex events such as what happened last week.

(2)  On social media

On the evening of Thursday 7th June, I had a brief amount of time to post this snapshot of the NEM from NEM-Watch v10 on social media (LinkedIn, and Twitter) – which led to some discussions on social media, and elsewhere:

Over the weekend that followed, I was able to grab a few hours to take a more measured look at what had occurred through the week, as a result of which I could post the article “Recapping a shaky week for the supply-demand balance in the NSW region last week” on WattClarity on Monday 11th June.

(3)  In the traditional media

As a result of all of the above, and what we have done in the past, it was also not really a surprise to find ourselves referenced and quoted in the more traditional media over that week, and in the discussion that followed.  Here are some of the references we noted:

Saturday 9th June

As noted on the NEMwatch portal, we found our (RenewEconomy-sponsored) NEMwatch Live Supply & Demand widget referenced in the Newcastle Herald.

Journalist Andrew White from the Australian asked our CEO (Paul McArdle) a few questions before publishing an article on Saturday 9th June “Outages see power prices hit the roof” – including this paragraph:

The founder of Global-Roam consultancy Paul McArdle said only 6000MW of NSW coal ­capacity was available yesterday, which was an improvement on Thursday, but about 2000MW less than at the same time last week.
(though note that we’re a software company, not a consultancy)

Interested readers can see the chart (generated with our NEMreview v7 historical analysis tool) provided to Andrew on Friday 8th June here:

Mon 11th June

Drawing on the more detailed analysis published on Wattclarity on Monday morning, Andrew White from the Australian was able to publish an article on Monday 11th June “Paul McArdle of WattClarity: NSW power outages ‘threat to industry’” .

Tue 12th June

On Tuesday, Ben Potter from the AFR included some references to the WattClarity article in his article “Big power resists AEMO ‘strategic reserve’ push after NSW squeeze” .

Wed 13th June

After we’d both attended the launch of the Victorian Energy Policy Center in Melbourne on Wednesday 13th June, Ben Potter from the AFR also included reference to the WattClarity review of the prior week in his article “Energy expert to Tomago Aluminium: Buy cheap wind and solar power” .

 

 

 

“The Australian” used NEM-watch Live Generation widget to illustrate fuel mix

In his article “Rush to renewables as coal cools” in the Australian on Thursday 7th September, Andrew White used a reproduction of the RenewEconomy-sponsored NEM-Watch Fuel Type Widget to help his readers understand the fuel mix that was occurring for one 5-minute period (the 16:30 “dispatch interval”) the previous day.  The widget also has been designed to help those not so familiar with – part of our effort to help with Energy Literacy in more general terms.

For those who did not see it, here’s the image (with a few clarifications, to help with the understandability):

(click HERE for a higher resolution view)

We appreciate every opportunity to help people understand what’s happening in Australia’s energy sector (particularly the “National Electricity Market”), and would invite readers to visit the live copy of the NEM-Watch Widget to watch as the fuel mix changes through each and every day.

No charge, if you want to embed this on your website – thanks to the widget’s sponsor, RenewEconomy!  Just click the <EMBED> button on the widget and follow the instructions.

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.

Various media outlets look to Global-Roam for clarity during heat wave

In early February, numerous news websites including the Adelaide Advertiser and the Sydney Morning Herald embedded our NEM-Watch Live Generation Widget (as seen on RenewEconomy) to help explain the generation mix of each state of Australia during the recent heat waves affecting the South Australian and New South Wales electricity network. In addition to the situational awareness that the widget provided, Allan O’Neil made several posts on WattClarity during the week including this initial analysis attempting to explain the root causes of the blackouts experienced in South Australia.

 

NEM-Watch Fuel Type Widget snapshot helps illustrate the state of South Australian energy generation after blackout

In an effort to talk around last week’s power blackout in South Australia to a wider audience, The Australian published a number of infographics on pg. 6 of their daily edition on Thursday, the 18th of October, 2016.

Included was an artistic reproduction of a snapshot taken from our NEM-Watch Widget from 4pm the previous day – as shown here:

2016-10-07-power-being-generated-at-4pm-yesterday

The snapshot was used to compare the energy generation make-up for each state against their respective renewable energy targets

The Australian attributed this image to the SA Government, because they accessed the live chart on the SA Government website.

This location in the Department of State Development is the current location (as at October 2016) of the embedded copy of the NEM-Watch Fuel Type Widgets, one of the growing number of 3rd party “Host” locations that are choosing to embed this widget, which started its life at these two initial locations:

  1.  At RenewEconomy here; and
  2. On the NEM-Watch portal here.

 

Image of NEM-Watch used to illustrate 7:30 Report story on Basslink outage of 2016

One of our team members was surprised, last night (i.e. Friday 3rd June 2016) to see an old image of an old version of NEM-Watch (from way back in 2007) used to illustrate how Tasmania would normally be interconnected to the mainland by the sub-sea HVDC (high-voltage direct current) link connecting into the Latrobe Valley in Victoria.

Here’s the image that surprised us:

NEM-Watch used to illustrate what normally would be the interconnected nature of Tasmania to the mainland regions of the National Electricity Market

For those interested in the Tasmanian crisis, the ABC story here is worth a watch.

Coincidentally it was also yesterday that I’d published these updated thoughts on WattClarity ® about the magnitude of the cost incurred, in aggregate, by various stakeholders in the Tasmanian region of the NEM as a result of the Basslink outage, now about 6 months old.

 

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.

 

An influx of compliments on our new RenewEconomy generation by fuel type widget

We are very proud to have received a growing number of compliments after the release of our new Generation by Fuel Type Widget available on the RenewEconomy homepage.

We have received positive feedback from industry professionals such as renewable energy consultants:

“…the instantaneous NEM generation graphs by fuel type on Renew Economy are….Bloody Brilliant!   We can now track the demise of fossil fuels in the NEM on a half hourly basis.”

David Woodgrove, Renewable Energy Consultant/DPA Solar

21st March 2015

 to other general admirers:

“Congratulations on the widget. I follow it every day”

Bruce McMillan

17th July 2015

Click here to read more testimonials about the Generation by Fuel Type Widget and NEM-Watch.

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

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.

NEM-Watch v10 released

We were very proud to announce that an early release of NEM-Watch version 10 is now available to existing clients. The new release features a refocused NEM-Watch portal, enhanced clarity in the display, easier communication, new data delivery mechanisms, the ability to program operations for newer versions of windows, the ability to program overseas operations along with other miscellaneous bug-fixes and tweaks.

This release is in line with our commitment to never give up striving to improve and our commitment that our customers will always come first.