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).
One of three founders of Global-Roam back in 2000, Paul has been CEO of the company since that time.
As an author on WattClarity, Paul's focus has been to help make the electricity market more understandable.
We noted yesterday, in the midst of the excitement, that the previous NEM-wide demand record had been beaten, by virtue of the heatwave assaulting VIC and SA over the day. We spoke too soon, however, as demand continued to climb through the afternoon.
With the benefit of more data available today, can piece together why there was the sudden drop into LOR2 territory on Saturday 1st February 2020 (something that alarmed me, and resulted in AEMO directing a participant to make capacity – just withdrawn – available again).
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