NEM-wide demand climbs above 30,000MW today

The NEM is awaking from its holiday slumber, it seems.

With temperatures up across the mainland regions, it was no surprise to see that (this morning) the AEMO was forecasting demand would climb above the 30,000MW mark – as noted in here in the NEM-Watch snapshot tweeted earlier:

NEM-Watch showing demand forecast to climb above 30,000MW over the afternoon

What followed was a see-saw day of prices, with prices up in the hundreds over many dispatch intervals – such as shown below from the 13:45 dispatch interval.

2016-01-11-at-13-45-nem-watch-screenshot

We see below that, by 14:50, the NEM-wide demand had climbed to 30,423MW with the east-coast regions seen to be losing their greenish colour as demand had climbed further than what was shown above:

2016-01-11-at-14-40-nem-watch-screenshot

We saw demand continue to climb to a peak of 30,606MW (target for the 15:05 dispatch interval), so higher than December, before falling away as a cool change arrived in Melbourne and surrounds – the effect of which can clearly be seen in this snapshot of 30 minutes later:

2016-01-11-at-15-40-NEMWatch-coolchange

AT 16:20 (when this article was posted) we note that demand is still bumping around just north of 30,000MW.


About the Author

Paul McArdle
Paul was one of the founders of Global-Roam in February 2000. He is currently the CEO of the company and the principal author of WattClarity. Writing for WattClarity has become a natural extension of his work in understanding the electricity market, enabling him to lead the team in developing better software for clients. Before co-founding the company, Paul worked as a Mechanical Engineer for the Queensland Electricity Commission in the early 1990s. He also gained international experience in Japan, the United States, Canada, the UK, and Argentina as part of his ES Cornwall Memorial Scholarship.

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