Supply to lost load appears restored in Victoria … but Loy Yang A will take longer

Here’s a snapshot from NEMwatch at the 14:15 dispatch interval (remember NEM time!) that is useful to highlight four things:

2024-02-13-at-14-15-NEMwatch-screenshot

At this point we see:

1)  Prices have been at the Market Price Cap in VIC and TAS since the event;

2)  We can clearly see the ~1,000MW loss of demand … but that appears to have been returned (or perhaps it’s other demand driven by the temperature?)

3)  The supply from brown coal (including the tripped Loy Yang A) is down and will take longer to return.

4)  It’s still hot in parts of VIC (so questions about what comes later if Loy Yang A not back by evening peak)!

… so no surprise that the AEMO has started RERT Negotiations.

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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