Whilst we’re talking about plans for the week ahead, here’s another snapshot from ‘Forecast Convergence’ widget in ez2view focused on two different metrics for NSW in the ST PASA time horizon:
The widget on the left shows successive forecasts for ‘Market Demand’ in NSW … noting that a Market Demand above 13,000MW only happened in summer 2023-24 to date on Thu 14th Dec 2023 (reaching 13,053MW by that measure), so would be notable if such levels were achieved.
The widget on the right shows stubborn forecasts for LOR1-level tight supply-demand balance.
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.
Spot prices spiked across mainland regions this evening – firstly at 17:55 (above $1,000/MWh). and then at 18:00 (up towards $15,000/MWh). Here’s a first look.
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