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How new NSW gas-fired peakers changed price spikes in 2001 and 2002

Posted by gasweek on 17 October, 2007

How new NSW gas-fired peakers changed price spikes in 2001 and 2002
A chart showing standard deviation in the electricity pool price per quarter contained in a report “Securing Private Investment in New Generation in New South Wales” prepared by Morgan Stanley for the Owen Inquiry also demonstrated the commissioning of gas-fired peakers during 2001 and 2002.

Reference: Morgan Stanley, Report to the Owen Inquiry: Securing Private Investment in New Generation in New South Wales, 31 August, 2007.

16/10/2007

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Posted in Australia, Gas, Generation, NEMMCO, NSW, OCGT, Volume 2604 | Leave a Comment »

Prior to SEAGas, MAPS fully contracted, with no spare capacity at peak times: lack of pipeline capacity forces peaking units onto liquid fuels, says NEMMCO report

Posted by gasweek on 18 September, 2007

Utilising slightly higher priced gas prices in neighbouring zones may well be preferable to seeking low gas prices only to find the station having to run on liquid fuels due to pipeline capacity constraints. Prior to the SEAGas development, MAPS was fully contracted, with virtually no spare capacity available at peak times. This forced peaking units on to liquid fuels more often than not. Peaking stations generally did not reserve firm pipeline capacity, but instead relied on interruptible services with resort to liquid fuels if adequate pipeline capacity was not available when needed, noted ‘Fuel resource, new entry and generation costs in the NEM’, a report to NEMMCO by ACIL Tasman (27/3/2007).

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Posted in Liquids, natural gas, NSW, OCGT, Pipelines, Transmission, Victoria, Volume 2520 | Leave a Comment »