‘Market Demand’ in South Australia falls to ‘lowest ever’ point on Saturday 19th October 2024

Yesterday (Friday 18th October), Dan Lee wrote about ‘Olympic Dam now offline, as SA demand was already forecasted to go negative this weekend’.

… that article noted what Josh Stabler had published on LinkedIn.

Here’s a snapshot from NEMwatch at 11:15 (NEM time) on Saturday 19th October 2024 capturing the dispatch interval where ‘Market Demand’ has dropped to –58MW in South Australia … which is:

1)  Lowest ever, at this point (i.e. lower than on 31st December 2023); but also

2)  Forecast to fall significantly lower through the middle of the day:

More later, perhaps…

PS1 update at 13:50

In the time since the 11:15 dispatch interval, there’s been an incessant string of SMS alerts noting new points for demand being lower than on 31st December 2023 – such as shown in the string below:

This string of messages highlights what is (at least at this point) the lowest-ever point for ‘Market Demand’ in South Australia, by a considerable margin:

1)  Which was -232MW at 13:15 (NEM time)

2)  Which would be 187MW lower than what was the lowest point for minimum demand in South Australia (-45MW recorded on 31st December 2023).

… that’s smashed the record!

Here’s a snapshot of NEMwatch at 13:45: