Softening of LOR forecasts for NSW in ST PASA and P30

On the weekend we wrote this ‘Saturday morning wrap of forecast LOR conditions in NSW’ with respect to forecast LOR  conditions for coming days:

… i.e. Saturday 18th May , and Sunday 19th May, and Monday 20th May, and Tuesday 21st May, and Wednesday 22nd May.

 

In that article we’d made the important point that …

 the purpose of these forecasts is to elicit a market response (e.g. more supply of some form, or changed demand profile, or changed network outage scheduled).’

… and that seems to have happened.

In this updated snapshot from ez2view, looking at forecast LOR condition in NSW via the ‘Forecast Convergence’ widget at the 15:35 dispatch interval this afternoon:

2024-05-20-at-15-35-ez2view-ForecastConvergence-NSW-LORcondition

Readers should recall that this widget allows users to ‘look up a vertical’ to ‘see that other dimension of time

We see that:

1)  Some periods have already lapsed with no major dramas (and that’s a good thing!)

2)  Additionally, forecasts have softened for those periods still to come.

 

 

 

Nothing further to add…


About the Author

Paul McArdle
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.

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