AEMO Q2 2022 Quarterly Energy Dynamics seminar
The Melbourne Energy Institute was pleased to host Mr Kevin Ly, Group Manager for Reform Development and Insights at the Australian Energy Market Operator (AEMO), on 9 August as he presented findings from AEMO’s Q2 2022 Quarterly Energy Dynamics (QED) report, covering dynamics, trends and outcomes in Australia’s electricity and gas markets in the period 1 April to 30 June 2022. Discussion was moderated by MEI Director Professor Michael Brear.
The National Electricity Market (NEM), of which AEMO is the operator, in the second quarter of the year was briefly suspended for the first time since it was established. The rationale and outcome of this unprecedented measure featured in discussion of a dynamic quarter for Australia's energy markets.
The latest QED tracks the unprecedented price rises in the NEM and east coast gas markets and their drivers, market interventions required during June to maintain power system reliability and security, a new maximum demand record in Queensland, changes in the NEM supply mix and the drivers for Western Australia’s Wholesale Electricity Market (WEM)’s Balancing Price reaching a four-year high.
SLIDES & RECORDING
Mr Kevin Ly
Group Manager - Reform Development and Insights
Australian Energy Market Operator
Kevin Ly is the Group Manager for Reform Development and Insights at the Australian Energy Market Operator (AEMO). His role covers many aspects of energy markets, including market design, policy and regulation, working with the Energy Security Board (ESB), the Australian Energy Market Commission (AEMC), and the Australian Energy Regulator (AER) on market reform. Kevin is also responsible for the development and publication of the Quarterly Energy Dynamics report.
Prior to joining AEMO, Kevin held a variety of senior wholesale and market development roles at Snowy Hydro and CS Energy, extending back to the commencement of the National Electricity Market (NEM) in December 1998.
Kevin is an engineer by training, and holds a Masters degree in Engineering Science from Queensland University of Technology (QUT), a Masters degree in Arts (Applied Research) from Macquarie University, and a Masters in Business Administration (MBA) from the University of Queensland.
Professor Michael Brear
Melbourne Energy Institute, University of Melbourne
Michael Brear is a mechanical engineer and the Director of the Melbourne Energy Institute (MEI) at the University of Melbourne. MEI facilitates the University’s research on the technical, economic, environmental and social impacts of energy.
Michael is a Fellow of the Australian Academy of Technology and Engineering, the Combustion Institute, Engineers Australia and the Australian Institute of Energy. He previously established the University’s multi-disciplinary degree, the Master of Energy Systems. Prior to commencing at the University of Melbourne, Michael worked for ICI Australia (now Orica), and then undertook graduate studies at Cambridge University and post-doctoral research at the Massachusetts Institute of Technology.
Missed an AEMO seminar? Revisit our most recent seminars and view the slides and/or recordings below.
Quarterly Energy Dynamics seminar Q1 2022
Quarterly Energy Dynamics seminar Q4 2021
Quarterly Energy Dynamics seminar Q3 2021
Quarterly Energy Dynamics seminar Q2 2021
Quarterly Energy Dynamics seminar Q1 2021