Lowest ever, going lower – NEM-wide ‘Market Demand’ on Saturday 26th October 2024

Posted by Paul McArdle Saturday, October 26 2024 Topic: 2024-10-26

A short note (following last night’s question ‘Is the bottom going to fall out of ‘Market Demand’ on a NEM-wide basis tomorrow (Sat 26th Oct 2024)’) with a snapshot from NEMwatch at 11:15 (NEM time) to document NEM-wide ‘Market Demand’ down at only 9,909MW:

2024-10-26-at-11-15-NEMwatch-NEMwide-9909MW

Today we’ve already seen lowest ever* (that was at 11:00, down at 9,716MW) … and it may well drop lower still.

* yes, normal caveats apply (e.g. only since NEM start, etc)

Time to update your question deck for the next Trivia Night, Alex and Declan (of course noting you asked about Operational Demand, instead)!

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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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