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 […]