Australia's National Electricity Market (NEM) is experiencing one of the world's fastest and marked transitions toward variable renewable energy generation. This transformation poses challenges to system security and reliability and has triggered increased variability and uncertainty in...

Modelling the energy price in the Australian National Electricity Market (NEM) requires features that are not well reflected in existing models. We present a semi-structural, multi-regional model wherein bidding is not required to be cost-based, renewable fuels and storage technology are...

Modelling the energy price in the Australian National Electricity Market (NEM) in a semi-structural manner calls for a multi-regional model wherein bidding is not required to be cost-based, renewable fuels and storage technology are structurally integrated, and network constraints are often...

We extend beyond conventional mean-to-mean effects to examine how fundamental variables impact the entire distribution of electricity spot prices in the Australian National Electricity Market. Employing quantile regression models, we demonstrate that variable renewable energy (VRE) generation...

The Australian National Electricity Market (NEM) is an energy-only zonal instance of the integrated pool model without a day-ahead market where a security-constrained economic-dispatch (SCED) engine controls dispatch and sets the price every 5 minutes. After a brief overview of pool markets...