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Tag: Price Volatility

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

June 9, 2018
| Media Reference

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…

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Posted in Media Reference Tagged Clarity, Customers come first, Extending understanding, Generation Company, Journalist, NEM-Review, NEM-Watch, Price Volatility, Relentless improvement, WattClarity

This animation was prepared using our ez2view detailed market dashboard for the NEM and helps to identify some of the variety of factors that can generally be seen to interact to produce spot price volatility.

October 11, 2013
| Public Presentation

Following on from the significant piece of analysis we performed about the nature of volatility in the energy market (separately noted on WattClarity® in articles such as this one) we were tasked with speaking at All Energy in October 2013 to help our audience understand how renewable energy might integrate into the broader energy market…

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Posted in Public Presentation Tagged All Energy, Energy Market Evolution, ez2viewAustralia, Making complexity understandable, Price Volatility

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

June 1, 2013
| Public Presentation

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…

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Posted in Public Presentation Tagged Engineers Australia, ez2viewAustralia, Making complexity understandable, Market Behaviour, NEM-Watch, Price Volatility

Presentation at the EUAA Queensland Energy Forum

April 18, 2013
| Public Presentation

On a number of occasions through summer 2012-13 we were called on by our clients (and others) to explain why prices were doing what they did in Queensland over that volatile summer. Our CEO, Paul McArdle spoke at the EUAA Queensland Energy Forum in Brisbane as an experiment to see if it would help to…

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Posted in Public Presentation Tagged ez2viewAustralia, Making complexity understandable, Price Volatility, Public Presentation

Customer uses ez2view to understand unforeseen transmission constraints in SA and VIC

December 14, 2012
| Testimonial

Following a period of market volatility in the SA and VIC regions of the National Electricity Market, one of our clients noted to us the following: “In recent days with volatility in SA and VIC driven by unforeseen constraints the ez2view tool has proven very useful. It’s an intuitive way to quickly get to grips…

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Posted in Testimonial Tagged Another happy customer, Customers come first, ez2viewAustralia, Lower stress, Making better desisions, Making complexity understandable, Price Volatility, Transmission constraints, Trusted

Helping to explain winter peak demand, and price volatility, to a wider audience

June 14, 2008
| Media Reference

Cold weather during June 2008 saw electricity consumption soar in the Queensland region of the National Electricity Market – delivering some spot price volatility. Seeking some insights into what was happening in the market at the time, we fielded calls from journalist Duncan Hughes (of the AFR).  Our CEO (Paul McArdle) assisted by In his…

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Posted in Media Reference Tagged Clear, Demand Response, Extending understanding, Making complexity understandable, Peak Demand, Price Volatility

Explaining how a power upgrade delay may cost energy users billions

March 13, 2008
| Media Reference

Our CEO, Paul McArdle has provided insights to Duncan Hughes from the Australian Financial Review in regards to how a power upgrade delay may cost energy users. The article begins: “DEFERRING until 2015 a $120 million upgrade of an electricity interconnector between Queensland and NSW will cost energy users about $5 billion in higher charges,…

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Posted in Media Reference Tagged Demand Response, Energy Users, Extending understanding, NEM-Watch, Peak Demand, Price Volatility

Helping explain why Queensland power prices surged

December 8, 2007
| Media Reference

In December 2007, wholesale electricity prices hit the maximum of $10,000 per megawatt hour for supplies into the national electricity grid from Queensland. Journalist, Nigel Wilson from The Australian sought insights from Global-Roam to explain the situation to his audience: According to electricity industry monitor Global-Roam, the high Victorian demand resulted in the instantaneous reserve…

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Posted in Media Reference Tagged Extending understanding, Price Volatility

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