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Opening the black box (Part 1 of 3)
A beginner’s guide to wholesale market modelling Context – the evolving power system Power systems all over the world are experiencing rapid and profound change. The last decade has seen an inexorable rise in the penetration of renewable generation technologies, ie, wind and solar farms. In the past, these technologies accounted for only a small […]
Mercury Rising
Recent NSW prices and the impact on customers With the first of the hot weather arriving in Sydney, the New South Wales region of the NEM is seeing a number of Lack of Reserve (LOR) warnings. Moreover, recent contract price outcomes in the region are higher than at almost any other time save for the […]