The following snapshot from NEM-Watch v8 (captured automatically through a Local Alarm we have set up on a display machine in our office) highlights how demand rose above 32,000MW for the first time this winter (to 32,029MW at 18:00).
In particular from this diagram, see (by the relative colour-coding) how the demand in both the NSW and Tasmanian regions was relatively high, compared with the all-time maximums for these regions.
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.
Volatility in Queensland on a sizzling Saturday drives the Cumulative Price more than half-way to the Cumulative Price Threshold (where price caps would be imposed).
Saturday evening 25th July 2021 saw the instantaneous production from wind farms across the NEM surge past 6,000MW for the first time and set a new ‘all-time’ record that’s substantially higher than the previous record (set only a few days beforehand).
Our guest author, Panos Priftakis, has prepared this analysis of some factors contributing to peak electricity demand – and contributes some insights for summer 2015-16. This might be particularly useful for those contemplating an entry in the WattClarity competition (which closes Friday 27th).
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