A quick update using the following NEM-Watch snapshot from 11:10 NEM time (so 12:10 in NSW):
As annotated on the snapshot, the AEMO’s current run of predispatch forecasts (updated every half-an hour) show an increase on the demand forecast noted earlier today – with the current expectation being a new record Scheduled Demand up at 11,734MW for NSW at 16:30 NEM time (so 17:30 Sydney daylight savings time).
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.
One of 12 articles on the months past in the NEM. For January we revisit events such as the fires at Moomba in 2004 (which curtailed gas supplies from central Australia); and the blackout on 16th January 2007 which drove the price to VOLL in Victoria.
Some initial analysis looking into the question of whether the increased penetration of solar PV is increasing the variability of scheduled demand to the point that generators can exert more pressure on spot prices.
As always there will be blame games, South Australia’s problems are home grown with renewable energy and poorly performing gas markets have taken their toll there.
But all in all, it is just too darn hot and AEMO have a tough 3 days ahead. Good luck.
As always there will be blame games, South Australia’s problems are home grown with renewable energy and poorly performing gas markets have taken their toll there.
But all in all, it is just too darn hot and AEMO have a tough 3 days ahead. Good luck.