As at 4:30pm this afternoon, hot and humid conditions are plaguing the sunshine state with the air temperature at Brisbane Airport currently 32° and humidity at 60%.
The image below has been taken from our Forecast Convergence widget in ez2view and shows the AEMO’s latest P5 total demand (a.k.a market demand) forecast run. We can see that the demand forecast in QLD for the 17:30 dispatch interval is currently 10,187MW.
Dan is a Market Analyst, who joined Global-Roam in June 2013.
He departed (and returned) for a couple of brief stints overseas, before rejoining the team permanently in late 2019. Alongside his work at Global-Roam, he has undertaken short-term contract roles as an analyst and researcher in various areas of the energy sector. Dan graduated from the Master of Sustainable Energy program at the University of Queensland in 2024.
A record of a hot day that drove NEM-Wide demand to the highest level it has achieved (thus far) this summer. See this in context of historical maximum levels.
Our Managing Director was asked to speak at the “Queensland Energy” conference in Brisbane on Wednesday 12th March – specifically addressing the topic of price volatility in the NEM.
To provide the basis of discussion during the conference, we focused our analysis solely on Queensland region (to make the topic more manageable).
In our review of volatility in the Queensland region, we focused specifically on 3 core attributes of the market: Queensland dispatch prices; NEM-Wide Instantaneous Reserve Plant Margin; and the concept of “Economic Islands”.
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