At a macro perspective, the following snapshot from NEM-Watch(beta of version 9) clearly shows a significant drop in electricity from brown coal power stations in Victoria and South Australia, compared to what would typically be the case.
Thankfully the temperatures have dropped, also, and so demand in Victoria is considerable lower than the levels seen late last week – otherwise the tight supply/demand conditions of a few weeks ago could have been repeated.
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.
Some further analysis of the MT PASA and ST PASA forecasts for other regions of the NEM (SA, TAS, NSW and QLD) for the day of 29th January 2009 – when a new record NEM-wide demand was established.
The volatility of the NEM was showcased again on Monday as South Australia experienced two major price spikes in the space of an hour. Using NEM-Watch’s play back feature (screenshot below) we were able to relive when the two price spikes hit.
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