AEMO notifies of Actual MSL1 in Victoria, on Sunday 3rd November 2024

I’m not sure we’ve ever had an Actual MSL1 event before, so worth a quick note referencing Market Notice MN119760 published at 11:49 as follows:

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MARKET NOTICE
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From :              AEMO
To   :              NEMITWEB1
Creation Date :     03/11/2024     11:49:58

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Notice ID               :         119760
Notice Type ID          :         MINIMUM SYSTEM LOAD
Notice Type Description :         MSL1/MSL2/MSL3
Issue Date              :         03/11/2024
External Reference      :         Actual Minimum System Load MSL1 condition in the VIC Region on 03/11/2024

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Reason :

AEMO ELECTRICITY MARKET NOTICE
Actual Minimum System Load MSL1 condition in the VIC Region on 03/11/2024

Update to Market Notice 119811 – AEMO has detected that there is an elevated risk of insufficient demand to maintain a secure operating state in the VIC on 03/11/2024.

Minimum regional demand is forecast to be 1623 MW at 1300 hrs, and the advisory threshold is:
–    MSL1 – 1770 MW
–    MSL2 – 1270 MW
–    MSL3 – 770 MW

The regional demand is below the MSL1  threshold. The actual MSL1  condition is forecast to exist until 1400 hrs.

Manager NEM Real Time Operations

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END OF REPORT
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Also worth a reminder that, on Friday 1st November, the ‘AEMO published an overview of their ‘Minimum System Load procedure’ for Victoria’.  So readers can peruse that to understand more.

To provide other context, here’s a snapshot from NEMwatch for the 12:00 dispatch interval (NEM time) for Sunday 3rd November 2024:

We see that the ‘Market Demand’ in Victoria is down at 1,565MW … which is 109MW above the current ‘all time maximum*’ of 1,456MW.