… so it’s worth a short note with this NEMwatch snapshot at 17:50 NEM time highlighting that the Victorian ‘Market Demand’ has reached 9,433MW this afternoon at the 17:35 dispatch interval already on Sunday 2nd February 2025 :
2) With this snapshot from the ‘Forecast Convergence’ widget in ez2view looking at Victorian ‘Market Demand’ we see that to the 18:10 dispatch interval, ‘actual’ levels of ‘Market Demand’ for the 5-minute periods ending each half hour were (for a couple hours) well ahead of earlier forecasts today:
… but it looks like that worm has turned now, so it may be that’s as high as it gets today.
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.
A quick update (early Friday 27th September 2024) looking at AEMO’s successive forecasts for ‘Market Demand’ in Victoria for Saturday 28th September 2024 (timed for just prior to center bounce for AFL GF, and following from earlier ‘Minimum System Load’ advisory).
Returning to the theme of analysis of Q2 prices (completed in 2017 and 2016 due to Q2 historically being an uneventful period) we see that prices have backed off from the “off the charts” level of 2017, but are still much higher in all regions than most other regions. In some cases results are second worst in 20 years.
2 Commentson "‘Market Demand’ in Victoria reaches 9,433MW (thus far) on Sunday 2nd February 2025"
That’s the highest Victorian 5-minute TOTALDEMAND recorded for any non-working day – more than 300 MW above the previous high on 28 Jan 2018. So it’s consistent with the underlying picture of demand growth revealed by the Q4 record Victorian demand we saw on 16 Dec 2024.
That’s the highest Victorian 5-minute TOTALDEMAND recorded for any non-working day – more than 300 MW above the previous high on 28 Jan 2018. So it’s consistent with the underlying picture of demand growth revealed by the Q4 record Victorian demand we saw on 16 Dec 2024.
Thanks for the tip, Allan