NEM-wide ‘Market Demand’ peaks above 30,000MW on Friday 8th December 2023 … first time since July

As alluded to earlier, we were keeping an eye on NEM-wide ‘Market Demand’ to see where it would land, and it turns out the peak for the day was at 30,034MW at 17:05 NEM time today, as captured in this snapshot from NEMwatch:

2023-12-08-at-17-05-NEMwatch-demand-30034MW

As noted before, this is the first time it’s peaked above 30,000MW since 24th July 2023.

The region-specific colour coding of demand above shows that this was driven by both:

  1.  The NSW region at 11,673MW (well out of the ‘green zone’ and on the way to the all-time max of 14,649MW); and also
  2. The QLD region at 8,728MW (even more advanced in relative terms relative to the all-time max of 10,119MW).

It’s only the start of summer (and it’s a long time since we’ve run a ‘who’s the best demand forecaster in the NEM?’ competition … but I do wonder what heights it might reach through summer 2023-24?   Alas no competition for this summer, either…


About the Author

Paul McArdle
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.

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