As a short PS to last Thursday’s note about the shaky state of Tassie electricity supplies, and prior to the EUAA 1/2 day session in Hobart next Tuesday (will look forward to seeing you there, if you are going), here’s a quick PS to highlight how the diesel gensets have started to appear in the AEMO data set – and hence are being fed through to NEM-Watch and our other products, as highlighted in the snapshot from today:
However for general industry “hobby” observers, we have provided the RenewEconomy-sponsored NEM-Watch widget as a free (and freely embeddable) version to keep an eye on how the generation mix will change in the coming weeks and months.
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.
We reported previously that a price cap was invoked in Tasmania on Tuesday 16th June because the Cumulative Price Threshold was reached. In official terminology, this was an Administered Price Period (APP). At 04:00AM this morning, NEMMCO released a market notice advising the market that the APP had been lifted…
Based on forecasts NEMMCO had been providing through their PASA process, we expected that it might prove that this week would deliver huge demand levels, and high prices.
Not to disappoint, the market did deliver high levels of demand in all regions:
(a) Peak demand levels were reduced somewhat from the huge levels the previous week in Victoria and South Australia;
(b) Demand levels were also still building to the record level to be experienced the following week in NSW;
(c) Peak demand levels in Queensland were fairly steady (and high) for most weeks of summer.
(d) In combination, a new NEM-wide peak demand target of 30,994MW was set on Monday 23rd January.
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