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.
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.
Pulling together an estimate for ‘Underlying Demand’ in NSW for Thursday 29th February 2024, it was very big – and occurred earlier than the peak in ‘Market Demand’, and is measured in different ways by different people.
Winding down through Beer O’clock at the end of a long week with the team and the buzzing of my phone distracts to a few successive price spikes this afternoon in the NSW Region: Here’s a snapshot of the 16:00 dispatch interval Time-Travelled back in…
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