Evening volatility in South Australia on Tue 27th Feb 2024 + bushfire risk

A quick article with a snapshot from NEMwatch for the 18:20 dispatch interval showing the spot price in South Australia at $9,900.91/MWh:

2024-02-27-at-18-20-NEMwatch-screenshot

We can also see ‘Market Demand’ well out of the green zone at 2,486MW for the SA region (as it is in QLD, but that happens more regularly due to the flatter shape of demand in QLD).

Whilst speaking about South Australia it’s worth also noting the challenges of bushfires are also present in the state:

1)  I saw from Weatherzone here at 11:50 today that had ‘not a drop of rain’ in Adelaide at all through February 2024 (thus far at least).  They have also noted here at 21:04 on Mon 26th Feb that ‘parts of central and western Victoria have just endured their driest February in more than 30 years’.

2)  Just this afternoon SA Power Networks issued this update:

2024-02-27-at-16-46-Twitter-SAPN

 

Stay safe, everyone!


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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