Victoria’s ‘Market Demand’ low point drops further–on Sunday 12th November 2023

I’ve just sat down to run some numbers to update Appendix 4 within GenInsights Quarterly Update for 2023 Q3.

… I am particularly interested to see what happened to Aggregate Scheduled Target through the quarter, especially given periods of very low % VRE through the quarter (such as 3rd and 4th July 2023).

But the SMS alerts have started up just now, alerting me that the bottom’s fallen further out of ‘minimum demand’ in the Victorian region today:

The measure captured here is ‘Market Demand’ :

1)  whereas note that AEMO increasingly talks about ‘Operational Demand’.

2)  Both are important in different ways.

Here’s the 11:00 dispatch interval in NEMwatch:

Note the SMS message refers back to the prior low point from 16th September 2023 (which was another day featuring heavily in several appendices within GenInsights Quarterly Update for 2023 Q3.

PS1 results for the day

Coming back the next morning I’ve added the following trend image from NEMreview v7:

Those with a licence to the software can open their copy of this query here.

We can see that:

1)  ‘Market Demand’ was at a minimum point at 10:45 (i.e. 1724.66MW rounded up to 1,725MW) … though 11:00 and 11:25 were within 1MW; but

2)  The low point for ‘Operational Demand’ was significantly later (2,119MW for half hour ending 13:00).

More later, perhaps …