As forecast on Friday, we’re seeing moderately high demand in SA and VIC on Saturday evening 9th March 2024.
Here’s a snapshot from NEMwatch at the 18:25 dispatch interval showing ‘Market Demand’ in both regions out of ‘the green zone’ – with SA at 2,726MW and VIC at 8,303MW:
There’s still a bit of wind around this evening in SA (and also in VIC), which is one reason that prices, whilst elevated somewhat, are not sky-high.
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 in South Australia have been seen to be higher in the month of April than in the prior months, which is somewhat counter-intuitive. Prices also spiked this evening on a number of occasions above $500/MWh – here’s some of the reasons why.
Guest author Allan O’Neil continues our series of posts on very low system demand levels in South Australia and Victoria on New Year’s Eve, with a few unresolved questions remaining
Worth a short note to tag in this ‘Notification’ widget alert in ez2view triggered at 13:31 (NEM time) on Monday 26th May 2025 about a 235MW drop in ‘Market Demand’ in South Australia.
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