Leadership in energy
Leadership in energy
At 00:00 beginning Friday 1st October 2021, the NEM switched to settling spot prices on a 5-minute basis, rather than the 30-minute basis that had been used since the start of the NEM. This significant and widely deliberated change was justified on the basis that the sharper pricing signal would provide a clearer incentive for the faster response resources that are increasingly going to be required in the future (including battery storage, demand response, etc) to balance increasing share from intermittent supply.
Join us for an evening of networking and engagement with Paul McArdle, Managing Director of Global-Roam Pty Ltd (and primary author at WattClarity), who will share some early insights into what has been happening since the transition to 5MS.
The insights shared will be extracted from the broader pieces of analysis currently being compiled for the ‘Generator Insights 2021’ publication.
Paul McArdle, Managing Director, Global-Roam Pty Ltd
Paul’s avatar never changes, but he has gained a few more grey hairs in his 20+ years of involvement in the NEM via software company, Global-Roam Pty Ltd (which is a company that strives to help its clients make better decisions, by making the complexity of the NEM more understandable).
One of the products provided by the company is www.WattClarity.com.au, where insights about what’s been happening in the NEM are freely shared, and widely valued.
Prior to being a co-founder at Global-Roam, Paul was a Mechanical Engineer working in the Queensland Electricity Supply Industry, and has gained international experience (in Japan, USA, Canada, UK, Argentina, etc…) as part of his ES Cornwall Memorial Scholarship and since that time.
Date: Thursday 2 December 2021
Time: 5:30pm networking for 6pm start to finish at 7:15pm
Venue: Ashurst, Level 38, Riverside Centre, 123 Eagle Street, Brisbane
Cost: Members $20, Non-Members $45
