‘Market Demand’ in Victoria drops to a new low point on Sunday 2nd October 2022 … and ‘Operational Demand’ as well

The SMS alerts have just started up today from the 11:50 dispatch interval to highlight that the Victorian ‘Market Demand‘ has dropped to a new ‘lowest since the start of the NEM’ point.

Here’s a snapshot from NEMwatch at the 11:50 dispatch interval:

2022-10-02-at-11-50-NEMwatch-VIC-2083MW

As noted in the image, the Victorian Market Demand is down at 2,083MW in the 11:50 dispatch interval.

… at this level, it’s 40MW lower than the level set (2,123MW) on 28th December 2021.

 

PS1 – Results, as they appear at the end of the day

As shown in this snapshot of the SMS alerts today (relating to low demand in any region) there were only 3 dispatch intervals where the ‘Market Demand‘ in Victoria was lower than the prior low point:

2022-10-02-at-17-05-SMS-demand-VIC

… as a result, the new ‘lowest point’ record for ‘Market Demand’ is as noted above in the 11:50 dispatch interval.

In terms of ‘Operational Demand’ my quick check of the numbers shows the new low point record was set down at 2,285MW for the half hour ending 13:00 – which would be 48MW below the previous low point by that measure (2,333MW in half hour to 13:00 back on 28th November 2021 (which we did not record in an article)):

(a)  I note that Allan’s comment below suggests a low point today of 2,260MW … but I must be looking at a different series, as can’t see that?!

(b)  we’ll expect the AEMO to come along in the next day or so to confirm this.

 

PS2 – AEMO Confirmation

On Monday 3rd October the AEMO confirmed these results via this Tweet:

2022-10-03-AEMO-tweet-VICdemand

 

 

More might follow later…


About the Author

Paul McArdle
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.

2 Comments on "‘Market Demand’ in Victoria drops to a new low point on Sunday 2nd October 2022 … and ‘Operational Demand’ as well"

  1. Looks like the Operational Demand minimum for Vic may have dropped from around 2,330 MW to 2,260 MW.

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