Summer 2008-09 is now well behind us, and there are a number of official reviews underway that will report back at some stage. Even so, we’ve been continuing to ponder a couple of things about what happened in January 2009…
We saw a massive new peak for NEM-Wide demand set on 29th January 2009, which surprised many (including us).
We return to that data and, by comparing with the previous 10 summers, see whether it should have been entirely unexpected.
Out of curiosity, we have performed some analysis of the extent to which the GFC has had an impact on the level of consumption of electricity across the NEM.
Given that the 2008-09 financial year has just ended, I thought it would be an appropriate time to look into what impact the GFC has had on electricity demand in the NEM.
This weekend, we have prepared this analysis of the entries we received for our “Peak Demand Forecaster” competition for winter 2009.
In conjunction with this analysis, we thought it would be of interest to also incorporate this chart (generated from a BETA version of the NEM-Review v6 software package) to highlight how the peak NEM-Wide demand unfolded over the previous winters…
A couple of weeks ago, we opened for entries in our “Best Demand Forecaster” competition – run for the first time during winter.
Entries closed on Monday 29th June (2 weeks ago now) but we have only just found the time to do some analysis of the entries we received, which we have summarised in the following graph…