wholesale market price hit the market floor of minus $1,000 in the morning (around 9.30am grid time) before surging in the late afternoon to the market cap of $16,600 as solar and wind output dried up as the sun went down on a hot Adelaide day.
the discharge of the state’s growing fleet of big battery storage units hit a peak output of 367 MW, beating the previous record of 340 MW set in September last year.
share of battery output was 14 per cent of all supply at one stage