As noted on the image, the 12:05 dispatch interval saw Market Demand down at 3,257MW.
This is highlighted in this snapshot from NEMwatch shortly after (at the 12:25 dispatch interval):
As an aside, we’ve highlighted three separate market notices related for the forecast LOR2 for QLD on Tuesday evening 8th October, including the most recent one discussed here.
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.
Within the same 24 hour period as California again feels the stresses of its own extremes, we see that Victoria experiences the other side of this energy transition challenge, with a new record low for Scheduled Demand set for *any* time of the day…. in the middle of the afternoon!
Today (Fri 31 January 2020) saw NEM-wide demand reach levels never seen before (excepting 29th January 2009). This was just the start of the white knuckle ride.
It’s not officially summer, yet – but it sure seems like it is across QLD and NSW. High temperatures drive some prices spiking up to the Market Price Cap in both ENERGY and some FCAS commodities as well…
Spurred by a number of concurrent requests I’ve returned to the pattern of prior analysis of Q2 prices (completed in 2016, 2017 and 2018) to look at what’s changed for Q2 2020 that’s just ended. Some stakeholders clearly taken by surprise. Analysis includes the SWIS in Western Australia
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