Issue with the NSW grid last couple of days, a number of coal units offline, limited or nil transmission between NSW<>QLD and NSW<>VIC and low solar and Wind generation saw spot prices hitting $16,600 per MW/h for portions of the day today and yesterday.
Jemalong made around $460,000 today due to this issue, mainly in the morning and afternoon peaks
Market info at watt clarity in a number of updates today https://wattclarity.com.au/articles/2024/05/08may-nsw-eveningvolatility-cumulativeprice-nearcpt/?utm_source=rss&utm_medium=rss&utm_campaign=08may-nsw-eveningvolatility-cumulativeprice-nearcpt.
