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:


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
One of three founders of Global-Roam back in 2000, Paul has been CEO of the company since that time. As an author on WattClarity, Paul's focus has been to help make the electricity market more understandable.

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