For two remarkable winter evenings in 2007 (19th and 20th June specifically) NEM-Wide Instantaneous Reserve Plant Margin (IRPM) plunged to the lowest levels ever seen in the NEM (a mere 7.6%) as generators were caught short of capacity by a cold snap that hit earlier than expected, whilst plant was still out for maintenance and other plant still suffering from drought-inflicted limitations of capability.
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.
On Friday evening (28th May) and again this evening (Sun 30th May) my phone buzzed plenty of times – due to price volatility, and also alerting on low IRPM (enabled with Callide units offline, and low wind harvest at peak demand time).
A look-back at 11 years of NEM history to reveal the nature and measure of benefits large industrial energy users can gain from curtailability in the NEM
With respect to yesterday’s ‘Notification of Potential Gas Supply Shortfall Event’ and this evening’s tight supply-demand balance in the NEM, worth noting this AEMO tweet at 17:50 this evening: … which links to this short update on the AEMO website,…
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