Worth also a short note today to highlight that both the NSW region experienced a new ‘lowest ever’ point for Market Demand on Sunday 9th October 2023 – as captured in a series of SMS alerts received through the peak rooftop solar periods of the day:
The ‘lowest ever’ point for NSW occurred as shown in the image above (i.e. 3,869MW for the 13:10 dispatch interval ‘NEM time’ ):
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.
Following numerous Market Notices overnight pertaining to Forecast LOR2 (or LOR1) in NSW for a number of coming days, here’s a summary on Saturday morning 18th May 2024 using ‘Forecast Convergence’ from ez2view.
Earlier this afternoon we were alerted to a price spike in NSW and QLD that was seemingly caused by a unit trip at one of the larger generators in NSW.
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