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…
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.
[POSTED AT ~13:00] On Sat 11th Sept 2021, the ‘Grid Demand’ in the NSW region has dropped to levels not seen for many, many years … especially when considering it is in the middle of the day!
With the AEMO releasing the 2022 ESOO on Wednesday morning 31st August 2022 with the limited time I have available right now I’ve had a quick look, and in this article highlight some things that jumped out to me.
A quick look back at Thu 29th Feb 2024 – a day where afternoon (congestion-based) curtailment of Large Solar in NSW exacerbated the tight supply-demand balance and spot price volatility.
Be the first to commenton "NEM-wide IRPM down to only 13%"
Be the first to comment on "NEM-wide IRPM down to only 13%"