A quick update using the following NEM-Watch snapshot from 11:10 NEM time (so 12:10 in NSW):
As annotated on the snapshot, the AEMO’s current run of predispatch forecasts (updated every half-an hour) show an increase on the demand forecast noted earlier today – with the current expectation being a new record Scheduled Demand up at 11,734MW for NSW at 16:30 NEM time (so 17:30 Sydney daylight savings time).
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.
One of 12 articles on the months past in the NEM – covering notable events of March, such as the unforgettable South Australian heatwave of 2008 which caused the Cumulative Price to reach the Cumulative Price Threshold for the first time in our memory.
Weather forecasts tell of an expected hot weekend on Saturday (in Melbourne & Adelaide) and then Sunday (in Sydney) – which has led to some news articles talking about “searing heat across the southeast putting energy supplies under pressure”. Let’s not get carried away – it looks like the levels of demand will be pretty moderate.
1 Commenton "[2nd update] AEMO forecast for peak NSW demand this afternoon now would be new record"
As always there will be blame games, South Australia’s problems are home grown with renewable energy and poorly performing gas markets have taken their toll there.
But all in all, it is just too darn hot and AEMO have a tough 3 days ahead. Good luck.
As always there will be blame games, South Australia’s problems are home grown with renewable energy and poorly performing gas markets have taken their toll there.
But all in all, it is just too darn hot and AEMO have a tough 3 days ahead. Good luck.