Winning a consolation prize, for Competition #5

Posted by Paul McArdle Friday, April 10 2015 Topic: Who's the best demand forecaster in the NEM?

On Tuesday we were pleased to announce the winner of our main prize, and on Thursday we gave away the first consolation prize.

We’ve five competitions to go – so you (if you entered) have plenty of chances still to win this portable barbeque:

2014-12-17-consolation-prize_thumb[3]

In Competition #5, we asked entrants to correctly forecast what the peak South Australian demand would be.

This morning I posted this analysis of how the South Australian demand was lacklustre – as was the case in neighbouring Victoria.

Wear a big smile today, Cameron Butler at the Energy Price Solutions, as you were an amazing 5MW off the correct number with your entry!

Recapping the winners

This means that our competition table stands as follows:

Competition #1
{The Main Prize}		 Peak NEM-Wide Demand
for the “extended summer” period		 Demand did not even rise above 30,000MW – which surprised us, and most of our entrants (as we discussed here).

The winner, as announced on Tuesday 7th April, was energy-sector lawyer, Connor James.
Competition #2 {Consolation} Peak Queensland Demand
for the same period		 The winner is still to be declared…
Competition #3 {Consolation} Peak NSW Demand
for the same period		 The winner is still to be declared…
Competition #4 {Consolation} Peak Victoria Demand
for the same period		 In Victoria the peak demand was almost 2,000MW below the all-time record, and 1,600MW below the peak of the prior year – as discussed here.

The winner, as announced here yesterday was Elijah Pack from the AEMO.
Competition #5 {Consolation} Peak South Australia Demand
for the same period		 The South Australian demand did not break 3,000MW – and, indeed, for only a small number of days was it above 2,000MW.

Not daunted by this challenge, the winner (as announced here today)  was Cameron Butler from Energy Price Solutions.
Competition #6 {Consolation} Peak Tasmania Demand
for the same period		 The winner is still to be declared…
Competition #7{Consolation} Peak Aggregate NEM-Wide Wind Production
for the same period		 The winner is still to be declared…

Stay tuned to learn of the other winners

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About the Author

Paul McArdle
One of three founders of Global-Roam back in 2000, Paul has been CEO of the company since that time. As an author on WattClarity, Paul's focus has been to help make the electricity market more understandable.

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In response, generators adopted an approach that came to be known as “the economic withholding of capacity” to engineer volatility into the market throughout winter 2002 – and hence higher prices as a result., and generator behaviour.

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  1. Winning a consolation prize (Comp #6) for Tasmanian peak demand | WattClarity
  2. Winning a consolation prize (Comp #7) for peak Wind Production | WattClarity

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