There was a brief period of price volatility in Queensland yesterday evening (Wed 17th Jan 2024), as captured in these SMS alerts:
… and prices were also somewhat elevated this morning, as noted in this NEMwatch snapshot at 08:15 this morning:
Remembering that AEMO had been forecasting possible LOR2 conditions for the Queensland region for this evening* (and also that the return to service of both Callide C units has been pushed back … albeit C3 was not previously forecast to be running until later next week) I’ve opened up ez2view this morning (as at 10:50 NEM time) to take a quick look forward to this evening:
* … note that tight supply-demand balance is also forecast for Friday 19th January and Monday 22nd January
We see ‘Market Demand’ forecast to be around 9,500MW for this evening (and that the demand forecast for this evening is, to this point, remaining fairly steady). Interestingly, not shown in an image here, but:
1) forecast demand is higher for tomorrow (Fri 19th Jan),
2) and higher still for Monday 22nd January (currently forecast to be up close to the all-time record, which currently sits at 10,119MW … set for the dispatch interval ending 17:30 on Tuesday 8th March 2022).
Watch this space, over the coming days …