At this dispatch interval, the ‘Market Demand’ up above 13,082MW and looking set to climb higher.
… at some point later I might check, but this will be the highest level of ‘Market Demand’ seen in NSW for a number of years.
Prices are elevated, but still contained – though the AEMO has also just published MN106308 at 16:23 about an Actual LOR1 tight supply-demand balance forecast to persist until 19:00 (NEM time) this evening:
From : AEMO
To : NEMITWEB1
Creation Date : 06/03/2023 16:23:20
Notice ID : 106308
Notice Type ID : RESERVE NOTICE
Notice Type Description : LRC/LOR1/LOR2/LOR3
Issue Date : 06/03/2023
External Reference : Actual Lack Of Reserve Level 1 (LOR1) in the NSW region – 06/03/2023
AEMO ELECTRICITY MARKET NOTICE
Actual Lack Of Reserve Level 1 (LOR1) in the NSW region – 06/03/2023
An Actual LOR1 condition has been declared under clause 4.8.4(b) of the National Electricity Rules for the NSW region from 1600 hrs.
The Actual LOR1 condition [is forecast to exist until 1900 hrs.
The forecast capacity reserve requirement is 1365 MW.
The minimum capacity reserve available is 794 MW.
Manager NEM Real Time Operations
END OF REPORT
That’s all for now.