Snapshot of Monday evening 3rd June 2024

A quick article with a snapshot from NEMwatch at the 18:25 dispatch interval to highlight a couple things we might come back to later:

With respect to the numbering:

1)  NEM-wide ‘Market Demand’ is above 30,000MW at this point.

(a)  We can see that the region demand colours are slightly elevated outside of the green zone as winter weather starts driving heating demand;

(b)  Indeed, it reached 31,121MW at the 18:00 dispatch interval ‘NEM time’;

(c)  That’s easily the highest level seen since 29th February 2024.

2)  I’ve not looked what was happening in Victoria during the day, but the solar yield was low and the wind yield also low over the past 12 hours:

(a)  around ~500MW in VIC at this point and 2,000-3,000MW across the NEM through the day;

(b)  bit of a contrast to these ~3 days when it blew a gale;

(c)  but at least not as bad as several long periods through April and May 2024.

3)  A brief forecast LOR1 condition in South Australia that was quickly cancelled.

Welcome to winter!