NEM-wide ‘Market Demand’, falls below 10,000MW for the first time ever* – on Sunday 20th October 2024

Whilst we wait to see if the minimum point for ‘Market Demand’ in South Australia will drop lower still than the fresh record set yesterday, Saturday 19th Oct 2024, worth a quick look at this snapshot from NEMwatch at the 11:45 dispatch interval … which is showing NEM-wide ‘Market Demand’ down at 10,357MW:

2024-10-20-at-11-45-NEMwatch-NEMwide-Demand-10357MW

Whilst this might go lower still today, even at this point we should recognise that it’s eclipsed the prior ‘lowest ever*’ point back on 1st October 2023 (10,500MW target for 11:35 dispatch interval).

Whilst our attention is mainly focused on the South Australia, worth noting the deep-blue colour of the NSW region, signifying that that region is also getting down quite near to its current ‘lowest ever*’ point.

 

Note for the pedantic (*)

Yep, we mean in NEM time … pretty sure the Kangaroos (and Dinosaurs before them) had not much demand for electricity etc…

 

PS1 first time ‘Market Demand’ below 10,000MW

Early afternoon and the demand has started to climb – so it might be that the lowest-ever* point might be at 12:35 (down at 9,975MW).  Note that the ‘below 10,000MW record is was announced with respect to the 12:25 dispatch interval (which was 9,994MW) earlier today:

1)   here on LinkedIn and

2)  here on Twitter.

 

 


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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