AEMO responds to media coverage regarding low electricity reserves expected tomorrow, Wednesday 27th Nov 2024

Late yesterday afternoon the AEMO took the unusual step of releasing a media statement to note that the LOR3 notice for NSW had been downgraded to an LOR2:

“AEMO can confirm that forecast electricity reserves have improved in New South Wales this Wednesday.

As a result, the previously forecast Lack of Reserve Level 3 (LOR3) has been downgraded to a less critical Lack of Reserve Level 2 (LOR2). This improvement is largely due to the cancellation of transmission outages in the region.

AEMO remains focused on maintaining electricity reliability in both New South Wales and Queensland this week, as high temperatures are expected to drive strong energy demand amid significant generation unavailability in NSW.

If electricity supply forecasts deteriorate, AEMO will take all necessary measures, including the activation of off-market reserves, to ensure supply reliability.”

The press release came after several news articles were published earlier in the day – we noted that many of these headlines contained the word ‘blackout’. We’ve collated the list below of all such article that we spotted:

The screenshot below has been taken from our Forecast Convergence widget within ez2view, and was taken just after 11am this morning. It shows how the LOR forecasts in NSW over the next few days have been changing.

Read this page, if you need a refresher on the LOR conditions and the methodology.

Forecast convergence of LOR conditions in NSW for the next 96 hours. Columns represent point in time, rows represent the recency of the forecast.

Source: ez2view’s Forecast Convergence widget

Whilst we see that the forecast LOR3 has been downgraded for tomorrow afternoon, forecast LOR2 conditions remain present for long periods over the course of the next 3 days. Meanwhile, as of this morning, we see a new forecast LOR3 condition is now appearing for Thursday afternoon.


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.

1 Comment on "AEMO responds to media coverage regarding low electricity reserves expected tomorrow, Wednesday 27th Nov 2024"

  1. Hi Dan – Thursday is looking really tight, with a ~16h LOR2. Curiously, about 5h of that LOR2 is sitting at exactly 0 MW reserve under the latest STPASA. Do you or the WC team have an explanation for what’s providing that balancing – it looks almost to be a market loadshedding mechanism that acts before forced loadshedding?

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