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:


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:



Stay safe, everyone!

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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