The worm has turned? Actual demand levels dropping lower than forecast (QLD 3rd Feb 2023) … maybe no record?

The clouds and rain that are causing the unforecast drop in aggregate solar capability at Large Solar farms across QLD, and presumably with rooftop PV as well (though I have not checked), appear to be having a beneficial effect as well on the supply-demand balance.

Here’s another snapshot from the ‘Forecast Convergence’ widget – but this time:

1)  Tabular, not Chart form

2)  Looking at Market Demand (not Solar UIGF); and

3)  Looking out over a longer time range (i.e. P30 being half-hourly, whereas the solar chart was just P5 being the next 55 minutes)

Here it is (remember to click on image to open larger view):

2023-02-03-at-16-40-ez2view-ForecastConvergence-Demand

Per the annotations (and remembering to of ‘looking up a vertical’ to review that other dimension of time) we see:

1)  Up until 13:30 today we see the actual Market Demand outcomes were typically ahead of (i.e. above) escalating forecasts;

2)  But that flipped from 14:30, perhaps due to storm development, and we see that actual levels of Market Demand came in lower than forecast.

3)  For the single half hour period (i.e. the 5 minutes ending 14:00) the AEMO’s immediately preceding forecasts were on the money.

Illustrates the challenges of being in the AEMO Operations Room, and particularly the short-term forecasters!

As a result of which, the forecast new ‘all time maximum’ (which would beat the prior record up at 10,119MW back on 8th March 2022) appears to have evaporated…


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.

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