Afternoon snapshot on Tuesday 28th May 2024

A quick afternoon snapshot of the NEM for the 16:00 dispatch interval on Tuesday 28th May 2024 in NEMwatch highlighting a couple things:

2024-05-28-at-16-00-NEMwatch

With respect to the numbered annotations on the image:

1)  Some elevated afternoon prices across all regions, for reasons not explored at this point

2)  Around 04:00 this morning there was more wind production (~3,000MW) that I can remember seeing for a number of days

3)  Even now it’s sitting at ~1,500MW

4)  And (not shown on the chart but noted with respect to yesterday’s forecasts from the AEMO) it’s forecast to ramp up from here through until the end of the month

5)  Also of note is what appears to be a glitch in the AEMO’s forecasts for small-scale (rooftop) solar yield across the NEM … stepping up from ~6,200MW to ~8,200MW at 11:35 for reasons that have not been investigated.

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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