A quick post today to mark (with reference to our summer challenge) the highest demand across the NEM thus far – 31,099MW at 15:40 yesterday. This is shown in this snapshot from NEM-Watch:
Demand in Queensland is shown in the orange zone above – it rose a little more, to peak at 8304MW at 16:20 on the day (still 700MW or so off a record).
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.
We watched with interest today as demand crept up in all mainland regions to the point where the NEM-Wide demand rose slightly above 33,000MW for the first time ever, during a summer period.
A quick article with the unfolding situation this afternoon in Victoria – tight supply/demand balance, price spike to the Market Price Cap, and RERT negotiations ….
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