NEM-wide demand higher still, as NSW regional demand eclipses record

It was difficult to concentrate on anything else today, when (following yesterday’s prelude) we saw NEM-wide demand continue to climb higher – on the back of some hot weather across much of NSW.

A new peak demand (on a dispatch target basis) was set at 16:05 NEM time – with the new level of 14,649MW being more than 200MW higher than the previous peak mark.

2011-02-01 at 16-00 NEM-Watch

The snapshot above (taken at 16:00, five minutes prior) shows the high prices in QLD and NSW, and also the extremely low reserve plant margin in the NSW region – AEMO had issued several LOR1 Market Notices during the day to draw attention to this fact.

In the Demand chart in the snapshot, we can see the NEM-wide demand curtailed somewhat as the VIC demand backs off following a cool  change passing through Melbourne.  Peak for the day was 34,870MW at 13:30 – though we see the decline (due to VIC) offset somewhat afterwards by the relentless growth of demand in NSW.


About the Author

Paul McArdle
Paul was one of the founders of Global-Roam in February 2000. He is currently the CEO of the company and the principal author of WattClarity. Writing for WattClarity has become a natural extension of his work in understanding the electricity market, enabling him to lead the team in developing better software for clients. Before co-founding the company, Paul worked as a Mechanical Engineer for the Queensland Electricity Commission in the early 1990s. He also gained international experience in Japan, the United States, Canada, the UK, and Argentina as part of his ES Cornwall Memorial Scholarship.

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