Derivation of Underlying Demand in NSW on 30th and 31st Jan and 1st Feb 2011

As we have earlier done for 30th and 31st January and 1st February 2020, in this article we’ve reused my own derivation of ‘Underlying Demand’ to take a look at what happened with demand by that measure back on 1st Feb 2011, because that’s when there was a high point for ‘Market Demand’.

Here’s the three day trend, produced using NEMreview v7:


As per prior articles, those with a licence to the software can open their own copy of this query here.

With respect to VRE back in 2011:

1)  There were no Large Solar Farms installed;

2)  Whilst there would have been a small number of rooftop PV systems deployed:

(a)  there were no (AEMO, APVI or other) estimates of their output; and

(b)  the contribution would have been low in any case.

3)  Additionally, we can also see a very small contributions from Wind Farms back at this time.

From that chart we see that the highest point was at 14,718 MW for the half hour ending 16:30 (NEM time) on Tuesday 1st February 2011.

This point was below that derived for Thu 29th Feb 2024.

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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