The heat from yesterday in Victoria made its way north across the Murray river border today, leading to (somewhat) higher demand in NSW – as seen in the following snapshot from NEM-Watch at 16:20 market time:
As noted in the snapshot, demand at 16:20 was 12,380MW (pushing into the yellow zone), and forecast to be higher tomorrow – though still a long way below the all-time maximum demand.
It would be, if it holds true to forecast, the highest so far this summer, though – higher than that seen in NSW on 21st January.
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.
The ‘Notifications’ widget in one of our copies of ez2view triggered an alert that we’ve not seen all that often at all, flagging a 786MW drop in ‘Market Demand’ in the period from 10:25 to 10:30 NEM time on Wednesday 13th November 2024.
An initial review of some (wholesale) supply-side factors contributing to the extreme price volatility (and Reserve Trader etc) that occurred in the first week of February 2022 in the QLD region of the NEM.
My participation in yesterday’s session about ‘Energy Technology – performing under (heat) stress’, organised by the Australian Institute of Energy, was an opportunity to reflect on what I saw as the Four Headline Events that gave example to a great many challenges we will have to grapple with as this energy (and climate) transition gathers pace.
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