One important feature of today’s extreme market conditions is that actuals for market demand have been landing consistently and significantly above prior P5 and P30 forecasts. The screenshot below (taken at 16:00 NEM time from our Forecast Convergence Widget in ez2view) shows how actuals for total demand have been landing significantly over prior P30 forecasts over the past several hours.
Dan is a Market Analyst, who joined Global-Roam in June 2013.
After a couple of brief stints overseas, he returned to the team permanently in late 2019. Alongside his work at Global-Roam, he has undertaken short-term contract roles as an analyst and researcher in various areas of the energy sector. Dan graduated from the Master of Sustainable Energy program at the University of Queensland in 2024.
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.
Yesterday, Friday 10th December 2021, the AEMO released it’s draft of the 2022 Integrated System Plan – and it has created a bit of a stir with some of the modelled results.
A bout of severe weather for many parts of south-eastern Australia brought challenging weather conditions which appear to have impacted variable renewable energy forecasts for the NEM. The case study delves into forecast differences on the 7th, 8th and 9th of September 2023.
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