WattClarity estimated that semi-scheduled variable renewable energy units recorded a significant negative dispatch error early on Friday afternoon. The commercial software vendor attributed the event to widespread generation over-performance. WattClarity stated the event highlights ongoing challenges in managing real-time output accuracy across the wind and solar fleet.
In the spot market on Saturday, the NEM average price fell to $50.0/MWh, 30.1 per cent below the seven-day average. Victoria recorded 22.7 hours of negative prices to average $36.7/MWh for the day. South Australia reached the highest price of $169/MWh at 22:10, while Tasmania set the lowest price of -$47/MWh at 12:55. Queensland demand peaked at 7,847 MW at 18:50. Renewables supplied 53.6 per cent of energy, with an instantaneous peak of 81.2 per cent at 10:20, while batteries discharged 16,480 MWh.
AEMO issued seven consecutive notices placing prices subject to review. The market operator placed the trading intervals from 12:55 to 13:25 under review on Saturday afternoon.
AEMO published a Draft Project Assessment Report for the Pakenham South and surrounding areas regulatory investment test for distribution, with submissions closing on 7 December. Endeavour Energy reported that crews worked through the night to make safe storm damage and restore power. The network operator stated a line of severe thunderstorms swept across Greater Western Sydney and the South Coast, impacting more than 13,000 customers.
A decade after the Paris Agreement, experts suggest the treaty continues to serve as a critical framework for global climate progress. The Guardian reported the international community has failed to meet its primary temperature targets.
Newcastle coal futures fell 2.4 per cent to US$141.0 a tonne. Dutch TTF gas futures dropped 5.6 per cent to EUR85.59/MWh.