Coincident with the race, we’ve seen a number of comments in social media about the coincident (& large) drop in demand in NSW that occurred around the same time – a number of people linking the two together. Last year we posted both:
1) A review on Monday prior to the 2014 race of the effect of previous years; and
2) This review of how electricity demand changed in 2014 coincident with the running of the horses.
Here’s how this Tuesday’s change looked in NEM-Watch:
We should clarify, however, that (as noted in the image above) the large drop in load in 2015 was not due to the horse race, exciting as that might have been…
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.
Returning to the theme of analysis of Q2 prices (completed in 2017 and 2016 due to Q2 historically being an uneventful period) we see that prices have backed off from the “off the charts” level of 2017, but are still much higher in all regions than most other regions. In some cases results are second worst in 20 years.
The growth of Large Solar in the NEM has been phenomenal, and a sign that things are changing quickly in the Australian energy industry. The chart attached is the maximum…
4 Commentson "It wasn’t the horse race that led the large drop in load in NSW coincident with the race"
That’s my understanding also – however I did not know, for sure, if that information was public knowledge hence was not going to be the first to state so.
Th e story portrayed by the aluminium industry is that they couldn’t possibly participate in any load shedding at any time, because then all their pot lines would need to be emptied out of solid aluminium. Yet when when the problem is their side of the meter it doesn’t seem to be a problem.
Okay, I’m in suspense. So what did cause the significant drop in demand in NSW?
…it was Tomago Aluminium.
Thanks Tom
That’s my understanding also – however I did not know, for sure, if that information was public knowledge hence was not going to be the first to state so.
Paul
Th e story portrayed by the aluminium industry is that they couldn’t possibly participate in any load shedding at any time, because then all their pot lines would need to be emptied out of solid aluminium. Yet when when the problem is their side of the meter it doesn’t seem to be a problem.