A quick post today to mark (with reference to our summer challenge) the highest demand across the NEM thus far – 31,099MW at 15:40 yesterday. This is shown in this snapshot from NEM-Watch:
Demand in Queensland is shown in the orange zone above – it rose a little more, to peak at 8304MW at 16:20 on the day (still 700MW or so off a record).
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.
We compiled a week-by-week summary of interesting events that occurred in the NEM – from 19th November 2006 through until 16th January 2007 (the day of the blackout).
A tight supply/demand balance in NSW on the 31st October, exacerbated by transmission constraints into the region led to sustained higher prices in NSW.
One of 12 articles on the months past in the NEM. Analysis of July has revealed that the peak NEM-wide demand for the past 3 years has occurred in winter – and has been significantly higher than the peak summer demand.
Guest author Allan O’Neil provides this handy explainer on how generators’ contract positions affect their bidding decisions and can make negative spot prices pay off, at least in the short term. Very useful for those readers not actively involved in wholesale trading in helping to understand why some conspiracy theories might not match reality.
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