NEM-wide demand higher still, as NSW regional demand eclipses record

It was difficult to concentrate on anything else today, when (following yesterday’s prelude) we saw NEM-wide demand continue to climb higher – on the back of some hot weather across much of NSW.

A new peak demand (on a dispatch target basis) was set at 16:05 NEM time – with the new level of 14,649MW being more than 200MW higher than the previous peak mark.

2011-02-01 at 16-00 NEM-Watch

The snapshot above (taken at 16:00, five minutes prior) shows the high prices in QLD and NSW, and also the extremely low reserve plant margin in the NSW region – AEMO had issued several LOR1 Market Notices during the day to draw attention to this fact.

In the Demand chart in the snapshot, we can see the NEM-wide demand curtailed somewhat as the VIC demand backs off following a cool  change passing through Melbourne.  Peak for the day was 34,870MW at 13:30 – though we see the decline (due to VIC) offset somewhat afterwards by the relentless growth of demand in NSW.

About the Author

Paul McArdle
One of three founders of Global-Roam back in 2000, Paul has been CEO of the company since that time. As an author on WattClarity, Paul's focus has been to help make the electricity market more understandable.

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