And so it begins this evening, with an SMS alert highlighting the drop in Instantaneous Reserve Plant Margin (IRPM) to only 13% this evening … here it is, in a NEMwatch snapshot from 17:30:
Note that the Cumulative Price for the NSW region is now above $1,200,000 … so it seems likely NSW will also be under Administered Pricing by tomorrow morning…
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 compiled a week-by-week summary of interesting events that occurred in the NEM – from 19th November 2006 through until 16th January 2007 (the day of the blackout).
We are only in the second week of summer 2015-16, and demand in Queensland has already begun to heat up, hitting 8507MW at 3:05pm this afternoon after another hot and humid day across the sunshine state.
The Russ Christ Effect can be described as cloud impacts on rooftop PV arriving before any associated cooling conditions. We consider the extent to which a sudden and unforecast jump in demand was driven by this phenomenon.
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