Worth a short follow-on article (given the extreme level of demand experienced in QLD today … on a very hot, but ordinarily very ‘sleepy’ period between Xmas and the New Year) to take a quick look at tomorrow….
1) See how the levels of ‘Market Demand’ seen today (for the half hour periods ending dispatch intervals HH:00 and HH:30) cranked well past AEMO’s earlier forecasts; at the same time as
2) AEMO’s current forecasts for tomorrow are sitting substantially higher than their earlier forecasts for the afternoon/evening just passing.
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.
A short article, flagging three potential tripwires we’d like to ensure NEM participants and other stakeholders are aware of in the lead-up to two significant market changes from October 2021.
Noteworthy that in the sleepy period between Christmas and New Year the QLD region can exceed 9,500MW (fast approaching an all-time maximum) on the first day of a two-day state wide heatwave.
Following from the release of GenInsights21, in this article we look at some of what that analytical publication can help us understand, in terms of how the changing market is impacting on the role that renewables will increasingly play in the NEM in the years to come.
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