As noted, surplus generation in NSW has dropped under 1,000MW and, given no spare transmission capacity from NSW or VIC at the moment, is effectively on its own as demand is still climbing (forecast for another 900MW or so).
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.
Considering the extraordinary weather, bushfires, and a couple of large Victorian generators still not back from long term repairs, last week was probably less eventful for the NEM than might have been expected, but it certainly wasn’t incident-free. A very…
With hot weather forecast for NSW this Thursday (especially in inland areas) it’s no surprise to see that the AEMO is forecasting higher demand on the day. Linked to this there is also a slight negative (local) surplus generation forecast.
A tight supply/demand balance in NSW on the 31st October, exacerbated by transmission constraints into the region led to sustained higher prices in NSW.
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