Recapping lowest points for demand today in Victoria (Part 4)

Following earlier notes about Victoria today (documented in Part 1 and Part 2 and Part 3) it’s worth a quick recap…

 

Lowest points today in Victoria

Remembering the ‘gory details’ about how there are different measures of demand – here are the two main ones:

1)  Measuring by ‘Market Demand’ the lowest point was 1,456MW at the 13:00 dispatch interval (NEM time).

… which represents a 269MW reduction on what had been set (1,725MW at 10:45 on 12th Nov 2023) as the ‘lowest ever’ point at that date …

2)  Measured by ‘Operational Demand’ the lowest point was 1,564MW in the half-hour ending 13:00 (NEM time).

 

 

Updated Market Notice

Also, here’s Market Notice 112942 from AEMO published at 16:00 (NEM time) to follow on from earlier MN112936 noted in Part 1 :

‘——————————————————————-
MARKET NOTICE
——————————————————————-

From :              AEMO
To   :              NEMITWEB1
Creation Date :     31/12/2023     16:00:58

——————————————————————-

Notice ID               :         112942
Notice Type ID          :         GENERAL NOTICE
Notice Type Description :         Subjects not covered in specific notices
Issue Date              :         31/12/2023
External Reference      :         Cancellation of Minimum System Load 1 (MSL1) in the VIC Region on 31/12/2023

——————————————————————-

Reason :

AEMO ELECTRICITY MARKET NOTICE

Cancellation – MSL1 – VIC Region

Refer Market Notice 112936

The MSL1 condition for 31/12/2023  is cancelled at 1600 hrs 31/12/2023

Manager NEM Real Time Operations

——————————————————————-
END OF REPORT
——————————————————————-’

I’m still very curious about why actual demand levels were significantly above forecast, as discussed in Part 3.


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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