With the same network outage noted on Friday evening continuing, and wind conditions having dropped again mixed with a bit of cloud cover, it’s not really a surprise so see prices elevated on Sunday 13th August, as shown in this snapshot from NEMwatch at 14:40
The snapshot shows that prices have been elevated through much of the weekend (spiking a bit further to $1,000/MWh here).
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.
With Market Suspension possibly being lifted tomorrow morning, the flagging of forecast LOR3 in *very preliminary* ST PASA run for Thursday 30th June was of interest.
The ‘Market Demand’ in South Australia has fallen to its lowest ever point, on Saturday 19th October, and is forecast to fall lower still (in part because Olympic Dam is offline).
Hot on the heels of a new record low point for Scheduled Demand (a week ago) in VIC, today sees Scheduled Demand in SA plunge to 315MW in the 11:50 dispatch interval on Sunday 13th September 2020.
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