AEMO forecasting an LOR2 condition for SA tomorrow evening September 10th, 2024

At the Global-Roam office we’ll be keeping an eye on what develops in SA into tomorrow evening – with the AEMO having just posted Market Notice #118202, alerting of a forecast LOR2 between 18:30 and 19:30 tomorrow evening:

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MARKET NOTICE 118202
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Notice ID 118202
Notice Type ID LRC/LOR1/LOR2/LOR3
Notice Type Description MARKET
Issue Date Monday, September 9, 2024
External Reference STPASA – Forecast Lack Of Reserve Level 2 (LOR2) in the SA Region on 10/09/2024
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AEMO ELECTRICITY MARKET NOTICE

AEMO declares a Forecast LOR2 condition under clause 4.8.4(b) of the National Electricity Rules for the SA region for the following period:

From 1830 hrs to 1930 hrs 10/09/2024.
The forecast capacity reserve requirement is 347 MW.
The minimum capacity reserve available is 343 MW.

AEMO is seeking a market response.

AEMO has not yet estimated the latest time it would need to intervene through an AEMO intervention event.

AEMO Operations

 

An earlier LOR2 forecast notice was posted late last night at 22:34 (Market Notice #118200), but cancelled a little over two hours later (Market Notice #118202). The image below is taken from our forecast convergence widget, and shows how the LOR forecasts for SA tomorrow night have evolved over the past ~14 hours.

Convergence of forecast LOR conditions in SA tomorrow evening.

Source: ez2view’s Forecast Convergence widget


About the Author

Dan Lee
Dan Lee first started at Global-Roam in June 2013. He has departed (and returned) for a couple of stints overseas in that time, but rejoined our team permanently in late 2019. More recently, Dan's focus has been on growing his understanding of the market and developing his analytical capabilities. He is currently enrolled in the Master of Sustainable Energy program at the University of Queensland.

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