This mess deserves its own thread.
Remember its an east coast snafu, WA looked after itself more than 15 years ago.
The failure of the State Governments of SA, Vic, NSW & Q have failed their residents & the political nuffies are trying to blame it on the Feds
Here is an update from a reputable renewable energy industry media outlet:
reneweconomy.com.au
Points made include:
The electricity price chaos afflicting Australia’s energy markets continued over the weekend and into the new week, as new data showed how multiple outages has pushed coal generation to a record low in the country’s main grid.
Energy authorities and analysts say the blame for Australia’s record high electricity prices reflect a mix of international events, such as Russia’s invasion of Ukraine, the resulting high price of coal and gas in the Australian market, and added local problems such as multiple coal outages and coal supply shortfalls.
Coal output in the National Electricity Market has hit a record low – both in rolling seven day average and 24 hour average – highlighting the supply, maintenance and production problems at the country’s ageing coal fleet.
According to Geoff Eldridge from NEMLog, the average coal share in the NEM fell to 52 per cent over a 24 hour period, and to 55 per cent over a rolling seven day average. Both figures are record lows.
Around the same time, wind energy is also posting new records – this time for maximum rather than minimum output – although the boost has offered only temporary reprieves from the high prices because of the domineering influence of expensive coal and gas which generally control the price settings.
According to the NEMLog data, wind achieved a record share of 25.2 per cent of the NEM output for the 24 hours to 1830 AEST on Sunday, while both South Australia and Victoria posted state records as a result of the big front that swept through on the weekend.
South Australia, which went from feat to famine last week (its wind output fell to less than one megawatt last Tuesday evening) posted a new record peak of 1,934MW at 2105 AESTbon Saturday, and the 24 hour output through to 1630 AEST on Sunday was a record average of 96.1 per cent.
Prices in the state remained volatile, however, after the Australian Energy Market Operator declared a “Protected Event” for the potential “loss of multiple transmission” lines due to destructive winds.
Its intervention changed the generation mix and was designed to avoid any chance of a repeat of the 2016 statewide blackout.
However, as WattClarity documented, there were numerous different outages across a range of generators – both gas and wind – which added complexity to the situation.
In Victoria, a new maximum Instantaneous output of wind energy was also recorded at 0030 AEST on Sunday, when the output reached 2,970.9MW, more than 242MW above its previous record set on May 156 this year.
That blast of wind – averaging more than 2,500MW for more than 12 hours – was enough to push prices into negative territory in that state before the gas generators pushed it back up above $400/MWh to cover their newly inflated cost of generation.
Average wholesale prices in NSW so far in June have been an eye-watering $470/MWh, up nearly 50 per cent from the already sky-high level of $320/MWh averaged over May.
In Queensland, they have jumped to $443/MWh, up from $347MWh in May, and even in South Australia they have jumped to $320/MWh.
Theres more, see this link:Market chaos as outages push coal output to record low, despite new wind peaks
IT IS a BLOODY MESS !!!
Good luck to the Feds ..... Mr Bowen needs to knock their heads off & take control of this before the lights go out. Yeh, the same States cant organise a fix for the Murray Darling Basin, go figure.
Remember its an east coast snafu, WA looked after itself more than 15 years ago.
The failure of the State Governments of SA, Vic, NSW & Q have failed their residents & the political nuffies are trying to blame it on the Feds
Here is an update from a reputable renewable energy industry media outlet:
Market chaos as outages push coal output to record low, despite new wind peaks
Coal outages and supply shortfalls send coal generation to record lows in main grid, as price chaos continues despite record wind output.
reneweconomy.com.au
Points made include:
The electricity price chaos afflicting Australia’s energy markets continued over the weekend and into the new week, as new data showed how multiple outages has pushed coal generation to a record low in the country’s main grid.
Energy authorities and analysts say the blame for Australia’s record high electricity prices reflect a mix of international events, such as Russia’s invasion of Ukraine, the resulting high price of coal and gas in the Australian market, and added local problems such as multiple coal outages and coal supply shortfalls.
Coal output in the National Electricity Market has hit a record low – both in rolling seven day average and 24 hour average – highlighting the supply, maintenance and production problems at the country’s ageing coal fleet.
According to Geoff Eldridge from NEMLog, the average coal share in the NEM fell to 52 per cent over a 24 hour period, and to 55 per cent over a rolling seven day average. Both figures are record lows.
Around the same time, wind energy is also posting new records – this time for maximum rather than minimum output – although the boost has offered only temporary reprieves from the high prices because of the domineering influence of expensive coal and gas which generally control the price settings.
According to the NEMLog data, wind achieved a record share of 25.2 per cent of the NEM output for the 24 hours to 1830 AEST on Sunday, while both South Australia and Victoria posted state records as a result of the big front that swept through on the weekend.
South Australia, which went from feat to famine last week (its wind output fell to less than one megawatt last Tuesday evening) posted a new record peak of 1,934MW at 2105 AESTbon Saturday, and the 24 hour output through to 1630 AEST on Sunday was a record average of 96.1 per cent.
Prices in the state remained volatile, however, after the Australian Energy Market Operator declared a “Protected Event” for the potential “loss of multiple transmission” lines due to destructive winds.
Its intervention changed the generation mix and was designed to avoid any chance of a repeat of the 2016 statewide blackout.
However, as WattClarity documented, there were numerous different outages across a range of generators – both gas and wind – which added complexity to the situation.
In Victoria, a new maximum Instantaneous output of wind energy was also recorded at 0030 AEST on Sunday, when the output reached 2,970.9MW, more than 242MW above its previous record set on May 156 this year.
That blast of wind – averaging more than 2,500MW for more than 12 hours – was enough to push prices into negative territory in that state before the gas generators pushed it back up above $400/MWh to cover their newly inflated cost of generation.
Average wholesale prices in NSW so far in June have been an eye-watering $470/MWh, up nearly 50 per cent from the already sky-high level of $320/MWh averaged over May.
In Queensland, they have jumped to $443/MWh, up from $347MWh in May, and even in South Australia they have jumped to $320/MWh.
Theres more, see this link:Market chaos as outages push coal output to record low, despite new wind peaks
IT IS a BLOODY MESS !!!
Good luck to the Feds ..... Mr Bowen needs to knock their heads off & take control of this before the lights go out. Yeh, the same States cant organise a fix for the Murray Darling Basin, go figure.
