One image from NEM-Watch today to record a higher demand day in Queensland driven as the heat wave that afflicted NSW yesterday and the southern regions last Friday.
What’s most noticeable in this snapshot is how NEM-wide demand is amazingly low, for a summer week-day (because of the much milder conditions down south that are hopefully assisting with containment of the bushfires burning there).
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.
A quick first look at the way the AEMO is currently seeing the supply/demand balance for the Queensland region through summer and Q1 2019 – with the “out of left field” possibility of industrial action making it even more interesting.
This week saw very low average prices across the NEM (below $21/MWh average across the week in all mainland regions).
Except for 2 half-hours in Tasmania on Tuesday 7th February (when the price rose to just over $1,000/MWh), prices in Tasmania remained at and around $30/MWh for the whole week.
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