It shows a forecast for ‘Market Demand’ in NSW climbing to above 12,500MW, and the re-appearance of forecast LOR2 conditions. No surprise there are forecasts for evening volatility.
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.
In this article on Wednesday evening 20th November 2024 we suggest a couple factors to keep an eye on, leading into the expected tight supply-demand balance (and possible load shedding) in NSW on Tuesday 26th November 2024.
A quick look at a brief price spike in NSW and QLD on Friday evening 28th October – which appears to be related to a Ravine -Yass(2) 330kV line outage.
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