A quick snapshot of NEMwatch at the 15:30 dispatch interval (NEM time) with the ‘Market Demand’ in the NSW region at 13,110MW (which I think means that it’s now the highest level seen in summer 2023-24 … will check more thoroughly later).
Quick notes:
1) The demand is well into the ‘orange zone’, but still a long way below the all-time maximum by this measure (14,649MW set many years ago).
2) In the Market Notice window shows we’re now in ‘Actual LOR1’
3) We also see a price spike to $16,600/MWh (i.e. at the Market Price Cap) at the 15:10 dispatch interval … might look more into that separately.
Stay tuned if more happens…
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