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.
AEMO’s MN120671 forecast LOR3 was published at 15:33 NEM time on Tuesday 19th November 2024 – so it’s worth noting that ~7 hours later, MN120698 was published – with a deeper forecast LOR3 highlighted.
Summer 2005-06 saw Australians sweltering in temperatures 40 degrees and above.
In the National Electricity Market, this led to new peaks in demand and (given the tight supply/demand balance) delivered high (and volatile) spot market pricing.
Here we have compiled a weekly summary of events in the NEM over summer 2005-06.
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