The temperature reached 34 degrees in Brisbane today – with thunderstorms predicted to sweep through the south-east corner, bringing with them a cool change and localised disruptions to power supplies.
In the following snapshot from NEM-Watch (at 14:05) we see that the demand in QLD had climbed to 8,895MW (just below the all-time record of 8,943MW on a dispatch demand target basis – explained here).
Energex tweeted that the demand on their network had been the highest experienced this summer.
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 rainy Saturday morning reminds us the price volatility for Q2 in QLD has not totally gone away … with elevated prices for ENERGY and also Contingency FCAS (Raise 6 second and Raise 60 second).
Here’s an animated view of how price volatility emerged in the Queensland region of the National Electricity Market emerged on 20th December 2012 – and the range of factors that contributed.
Following a week where several days saw price volatility in NSW (with this being so extreme that Reserve Trader was triggered on Thursday 17th December) we’ve taken a look at the comparative performance of coal units across the NEM (and particularly in NSW) compared to prior years.
Looks like being an interesting day on Wednesday next week (14th February 2018) with high temperatures currently forecast for parts of both QLD and NSW
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