Jack Simpson
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Jack Simpson

Data Scientist

    Energy

    Why energy markets are so interesting

    by Jack Simpson November 18, 2020
    written by Jack Simpson

    Something interesting happened this week – on Tuesday at 1:20pm the dispatch price of electricity was $15,000/MWh in NSW and -$1,000 (yes, negative 1k) in Queensland at the exact same time. When you consider that these two states are next to each other and connected as part of a single grid known as the National Energy Market, this event may not appear to make much sense.

    Understanding why these events occur is exactly why I got so interested in the energy market while I was working in consulting. A few of the things you have to take into account when analysing events like these include:

    – How the interconnectors that connect the states work and how their capacity can be maxed out, leaving more expensive local generators to pick up the slack.
    – The role that unexpected outages in the transmission lines can play
    – The bidding behaviour of generators – solar farms will often bid in at negative prices to ensure that they are dispatched at any price they can get since their short run marginal cost (SRMC) is effectively 0

    November 18, 2020 0 comment
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  • BloggingData ScienceThoughts

    How to verify the analysis of your data scientist

    by Jack Simpson November 16, 2019
    by Jack Simpson November 16, 2019

    Purpose I wrote this article for non-technical consultants at my firm to provide guidance on how to interact with a data scientist on a project and have confidence in their…

  • Research

    Genomics and Healthcare

    by Jack Simpson October 28, 2017
    by Jack Simpson October 28, 2017

    On Friday afternoon I attended a seminar by Professor John Christodoulou titled “Genomic Medicine: What is its place in the Australian healthcare system?”. One of the interesting points he brought…

  • BloggingResearchThoughts

    How to write a conclusion

    by Jack Simpson October 27, 2017
    by Jack Simpson October 27, 2017

    As I’ve been writing my thesis I came across a paper with such an excellent conclusion I wanted to share it. I think there are two lessons we can take…

  • Research

    Fruit flies, honeybees, and alcohol

    by Jack Simpson October 18, 2017
    by Jack Simpson October 18, 2017

    Whilst writing my thesis, I came across an interesting paper discussing how you can get fruit flies hooked on alcohol, whilst honeybees will consistently turn their noses up to a…

  • Blogging

    I’m going to Silicon Valley!

    by Jack Simpson October 15, 2017
    by Jack Simpson October 15, 2017

    I’m extremely excited to announce that I was one of the 20 young Australians selected by Startup Catalyst for their Future Founders Mission to Silicon Valley at the end of…

  • Uncategorized

    Sometimes working in the biology department is pretty neat

    by Jack Simpson October 10, 2017
    by Jack Simpson October 10, 2017

     

  • Uncategorized

    Honeybees and missing data part 3: Ant search optimisation

    by Jack Simpson October 4, 2017
    by Jack Simpson October 4, 2017

    Earlier in the year I had to reset the observation hive and sadly that process resulted in the death of a fair few bees who ended up on the ground.…

  • BloggingResearch

    PhD Exit Seminar

    by Jack Simpson October 1, 2017
    by Jack Simpson October 1, 2017

    On Friday afternoon I presented my exit seminar to the biology department. Things went really well, and I rather enjoyed the questions session that came after – there was a…

  • ResearchThoughts

    Fantastic thesis quotes page

    by Jack Simpson September 18, 2017
    by Jack Simpson September 18, 2017

    Recently, I was reading through a thesis titled “On Honey Bee Colony Dynamics and Disease Transmission” and on page vi I came across a page of quotes. Nothing too out…

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Recent Posts

  • Why energy markets are so interesting
  • How to verify the analysis of your data scientist
  • Genomics and Healthcare
  • How to write a conclusion
  • Fruit flies, honeybees, and alcohol
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