Fair enough for VIC and SA (as they are unaffected by this heatwave now, having had their share beforehand),but it’s understandable that people are asking questions about what’s happening in NSW and QLD!
In the 17:05 dispatch interval we see the Queensland price jump right back up to $12,594/MWh as shown in this NEMwatch snapshot here:
This whole day (actually, a couple of days) is going to take some focused analysis … and remember that we did away with the 5/30 issue with the commencement of Five Minute Settlement on 1st October 2021!
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.
A first article about forecast high temperatures (hence high demand, and also potentially LOR levels) for Queensland on Thursday 18th January 2024 … and also Fri 19th and Mon 22nd.
Flooding from Cyclone Jasper has damaged part of the Barron Gorge Hydro Power Station in North Queensland, forcing its units offline until further assessment and repairs.
One of 12 articles on the months past in the NEM – covering notable events of March, such as the unforgettable South Australian heatwave of 2008 which caused the Cumulative Price to reach the Cumulative Price Threshold for the first time in our memory.
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