Examining Victoria’s recent wind drought

This ‘Chart of the week’ examines the recent spell of low wind generation in Victoria and associated elevated prices. Previously, ‘Chart of the week’ issue 78 highlights the risk of wind droughts within the National Electricity Market (NEM) due to the high correlation of wind fronts both within states and in neighbouring jurisdictions. Victoria is […]

A view of captured prices by technology in New South Wales

This Chart of the week examines the historical captured prices of selected technologies within NSW for the last 10 years. Figure 1 shows the historical rolling monthly average of captured prices of various technologies within New South Wales against the monthly generation of variable renewable resources including small scale rooftop. Prior to 2016, in the […]

NEM wind generation: Do birds of a feather flock together?

With a growing expectation that coal plants will face early retirement, this week’s ‘Chart of the week’ examines the correlation between different wind patterns in the various identified Renewable Energy Zones in the NEM. Figure 1 illustrates the correlation between the FY2019 AEMO generated high wind renewable energy zones for the various zones (captured on […]

Show me the future: can storage bank on FCAS being bankable?

Previously we have examined the importance in FCAS prices for the revenue stream for batteries. With a growing interest in batteries in the market, this ‘Chart of the week’ takes a deeper look into the impact of bidding behaviour on the Regulation Raise price since 2012. Figure 1 illustrates the monthly average of Regulation Raise […]