Record daily wholesale electricity price for Victoria in Adelaide-Melbourne heat

The AEMO daily price for 18Jan18 for South Australia was $1,074 per MWhr which was the highest since $1,492.16 on 8Feb17 no surprise there. But Victoria yesterday recorded a stunning $905.22 which is 4.6 times the previous highest of $195.67 on 10Feb17. You can toggle between SA & Vic at this AEMO page and also choose between 30min and 5min price views. Then the NEM Dispatch Overview.
This record Vic price clearly reflects reduced generation post the closure of Hazelwood.
A couple of charts from the GridPublicKnowledge www pages for SA and Vic gives an idea what was happening yesterday with our stressed power grid.

and Vic

I also kept the SA screen for the 17th. Similar heat is forecast for Adelaide and Melbourne today but a late cool change is due which should be earliest in SA. I understand this heat is moving into NSW and Penrith has 40 forecast for today through to Monday. Will try and follow the effect of this on the NEM.

via Errors in IPCC climate science

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January 18, 2018 at 05:40PM

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