What’s been happening with NEM-wide demand so far this summer

I’ve been away on holidays (out of the country) for most of December so have not been paying too much notice to the electricity market, or electricity demand.

The day I departed, we closed off our “Best Demand Forecaster” competition earlier than in other years, and have not yet had time to look through the entries we received (more on that later).   Hence it’s been with interest that I found time today to power up NEM-Review for a quick look at how demand has been trending so far this summer:

2015-12-24-NEMReview-trendedDemanddata

As noted in the chart above, I see how demand peaked above 30,000MW on Friday 18th December, meaning that this summer’s already seen higher demand than was the case for the whole of summer 2014-15 (we can also see how this compared to the 19th November, the other high point in the chart, which I already posted about here).

Given that I’ve done my dash of holidays already this season, I will be keeping an eye on what unfolds over the remainder of our extended summer period (through until 31st March 2016) for various reasons – including to see who wins themselves a BBQ on us.

Happy Christmas, from all of the team at Global-Roam Pty Ltd.  We’ll look forward to continuing to strive to make complexity understandable in the energy market through 2016.


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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