In September 2021, ARENA published a report sharing ‘The Generator Operations Series – Report Three: Negative Pricing and Bidding Behaviour on the NEM’. This report focuses on one of the most significant unanticipated changes in the NEM since ARENA first invested in the LSS portfolio: the increasing prevalence of negative pricing events in the spot market.
This report provides analysis to help understand some of the impacts an increasing renewable share has had on energy markets and the behaviour of market participants.
Ekistica is the data handler and knowledge sharing agent for ARENA’s LSS portfolio and co-authored the report alongside ARENA and the Clean Energy Finance Corporation (CEFC).