QLD’s new all-time-maximum ‘Market Demand’ on Wednesday 22nd January 2025 was ~500MW higher than P30 predispatch forecasts

We’ve just noted how ‘New all-time-maximum ‘Market Demand’ seen in QLD on Wednesday 22nd January 2025 so a logical question for many would be ‘how does this compare to the AEMO forecasts’.

With the ‘Forecast Convergence’ widget in ez2view, we can see that easily – such as in this snapshot for the 18:25 dispatch interval (NEM time) looking at AEMO’s successive forecast for P30 Predispatch.

1)  Note that I’d most often use the ‘Grid’ view to allow one to ‘look up a vertical’ in order to ‘see that other dimension of time’.

2)  But in this case the ‘Chart’ view provides a clearer picture.

2025-01-22-at-18-25-ez2view-ForecastConvergence-QLD-MarketDemand

In this case we see:

1)  At the bottom, AEMO’s earlier P30 forecasts for ‘Market Demand’ for NSW came in pretty much ‘on the money’

2)  But in contrast in QLD:

(a)  The growth in QLD ‘Market Demand’ was earlier* and more rapid than the AEMO’s earlier P30 predispatch forecasts

(b)  And they certainly reached a higher level!

* note that learned readers have previously pointed out that, because of our way of dealing with the quirks of Tripwire #1 and Tripwire #2 (which result from AEMO’s technology-constrained implementation of 5MS) it can sometimes appear that the demand is growing earlier than expected, because the ‘actuals’ are the the last 5 minute data point in the half-hour whereas (for ‘Market Demand’ per Tripwire #2) the forecasts are more a mid-point or average in the half hour.

… so readers beware!


About the Author

Paul McArdle
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.

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