News Article Highlighting Opportunity for Demand Response

Posted by Paul McArdleFriday 21st November 2008  12:00 AM   Topic: 2008 - 31st October - High Prices and Low Reserves in NSW

It was with interest that we stumbled on this article in the Herald newspaper talking about what happened on the 31st October in NSW:

http://www.theherald.com.au/news/local/news/general/drain-on-hunter-power/1356680.aspx

We took particular note in the reference made to OneSteel’s curtailment of load at the times of peak price, and that they have utilised this approach as a means for securing (significantly) lower average cost of electricity over a year.

As you may be aware, we supply our deSide (www.deSide.info) software as a means for informing OneSteel of the timing of these curtailment opportunities.

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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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Paul McArdle Sun 19th March 2006 

23rd January 2006 – new record for peak NEM-Wide demand

Based on forecasts NEMMCO had been providing through their PASA process, we expected that it might prove that this week would deliver huge demand levels, and high prices.

Not to disappoint, the market did deliver high levels of demand in all regions:
(a) Peak demand levels were reduced somewhat from the huge levels the previous week in Victoria and South Australia;
(b) Demand levels were also still building to the record level to be experienced the following week in NSW;
(c) Peak demand levels in Queensland were fairly steady (and high) for most weeks of summer.
(d) In combination, a new NEM-wide peak demand target of 30,994MW was set on Monday 23rd January.

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