A short note with a snapshot from NEMwatch at the 16:00 dispatch interval (NEM time) to record ‘Market Demand’ in NSW and QLD well out of the ‘green zone’ due to elevated temperatures that have moved north out of Victoria, as Ben Domensino noted that they would:
This is even before rooftop PV has set … so makes one wonder where demand will peak later this evening?
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.
With Queensland temperatures (even at the Brisbane airport) exceeding 40 degrees Celcius today, the electricity demand was also high – though still below the all-time record.
We are only in the second week of summer 2015-16, and demand in Queensland has already begun to heat up, hitting 8507MW at 3:05pm this afternoon after another hot and humid day across the sunshine state.
For only the 5th time in 11 years of NEM history (and the 3rd time for South Australia) four consecutive days of price spikes have forced the Cumulative Price to the Threshold, and AEMO has imposed price caps to prevent retailers from going bust.
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