Something for our new Energy Minister to get his brains trust working on. Large version chart
Daily prices from AEMO – In mid June I posted – NSW coal electricity generation strike ends
OpenNem NSW has over 10,000MW installed coal generation yet for example on Friday 31Aug18 peak hour coal gen. barely made 6,000MW while imports were ~2,550MW with price spiking to $235. Where was the other 4,000MW of coal gen.? Dear Minister, Please do what you can to kick some life into all the installed NSW coal generators, thanks, Ozzie voters. Just found this in SMH confirming there were meeting between Feds & States re NEG before and after and on Monday 20 Aug then PM was deposed on Friday 24th
Well the first 3 days of September are carrying on your price boom and two were on a weekend when there is lower demand and you expect softer prices.
@ 6th September and your price boom rages on in the big coal fired States.
www.aemo.com.au/Electricity/National-Electricity-Market-NEM/Data-dashboard#average-price-table
Amazing this is not reported
Here is a daily chart showing this increasing AEMO daily average wholesale spot price –
On Friday NSW, Vic and SA all hit new highs for the month.