Wind production ramps down in NSW, coincident with Increased Demand (and then Actual LOR2)
One factor contributing to the tight supply-demand balance is the decline in wind production (and capability) inverse to the rise in 'Market Demand'.
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Actual LOR2 in NSW from 17:30 on Thursday 14th December 2023
'Market Demand' has ramped back up, leading to an 'Actual LOR2' low reserve condition in NSW on Thu 14th Dec 2023
NSW ‘Market Demand’ climbs past 13,000MW – and IRPM drops – but prices stay moderate
NSW 'Market Demand' exceeds 13,000MW for the first time today (Thu 14th Dec 2023)
NSW ‘Market Demand’ squeezes 12,500MW as price passes $500/MWh
Getting closer to the time of forecast peak in demand, the forecast LOR2 is revised downwards.
RERT negotiations underway in NSW … at the same time as the NSW spot price is negative and forecast spikes have disappeared
A strange coincidence with the AEMO 'intending to commence' negotiations about Reserve Trader for NSW - for this afternoon/evening.
RERT negotiations commenced in NSW by AEMO on Thursday 14th December 2023
A short post to note that the AEMO have published a market notice stating an intention to commence RERT negotiations in NSW.
NSW ‘Market Demand’ over 11,000MW – and forecast evening demand warming back towards 13,000MW
A quick update into Thursday afternoon with forecast for this evening, Thu 14th Dec 2023 in NSW
A quick look at forecasts for available wind generation in NSW for this evening 14th December 2023
A quick look at Semi-Scheduled Wind UIGF forecasts for this evening, where tight supply-demand is expected in NSW.
Demand forecast moderating for NSW for Thursday evening, 14th December 2023
A late morning update on forecast conditions for NSW this evening, Thu 14th Dec 2023
Forecast supply-demand for NSW for Thursday evening 14th December 2023 remains tight
An updated view of the forecast for a tight supply-demand balance for tomorrow (Thu 14th Dec 2023) in NSW.
AEMO requests generator recall information in NSW and QLD for this Thursday 14th December 2023
Two AEMO market notices late this morning suggest that NSW and QLD are in for tight supply-demand later this week, with an LOR2 condition currently forecast in the...
Generator Compliance Management – Is it the “monster under the bed”?
New guest author (Aditya Upadhye) posts some thoughts about Generator Compliance Management - especially in the light of AER's stated priority of ‘improve market participants compliance with performance...
NEM-wide ‘Market Demand’ peaks above 30,000MW on Friday 8th December 2023 … first time since July
The NEM-wide demand peaked (just!) above 30GW on Friday afternoon/evening 8th December 2023.
Sydney forecast to become ‘island of extreme heat’ tomorrow Saturday 9th of December 2023
A short note following a post from Ben Domensino warning of 40+ degree weather in the Sydney metropolitan area tomorrow.
Price volatility also in NSW on Friday 8th December 2023
Second article on Friday 8th December 2023, about two NSW spikes that top-and-tail the volatility written about earlier in South Australia.
Run of extreme prices in the SA region on Friday 8th December 2023
Prices in SA have spiked to close to the market cap and remained elevated, following the invocation of the 'I-VS_250' constraint set due to extreme weather conditions.
Case Study (Part 2) of Low % VRE NEM-wide on 3rd and 4th July 2023
The second part of an ongoing case study examining two successive days of low VRE generation in early July 2023. This part examines IRPM, earlier forecasts of available...
Return to service for Callide C3 delayed by 17 days (now to 24th January 2024)
A quick update today, following news yesterday from CS Energy about a 17-day delay to the expected return to service of Callide C3, following repairs to the collapsed...
Case Study – Severe Weather Challenges Day-Ahead Forecasts for 7, 8, 9 September 2023
A bout of severe weather for many parts of south-eastern Australia brought challenging weather conditions which appear to have impacted variable renewable energy forecasts for the NEM. The...
Worth a read – ESIG Report ‘Weather Dataset Needs for Planning and Analyzing Modern Power Systems’
This morning I was fortunate to listen into an ESIG Webinar with respect to their report 'Weather Dataset Needs for Planning and Analyzing Modern Power Systems'