Possibility of volatility in QLD and NSW on Thursday evening 7th November 2024

Back on Saturday evening we wrote about the currently ‘Forecast tight supply-demand balance (i.e. LOR2) for QLD and NSW on Thursday evening 7th November 2024’ … and then on Tuesday we also noted that ‘LOR2 notices continue to flash for NSW and QLD for this Thursday 7th Nov 2024’.

So I thought it was worth a quick look in the morning of Thursday 7th November 2024 utilizing this collage of 4 different ‘Forecast Convergence’ widgets in ez2view at the 08:35 dispatch interval looking forward to this evening:

Keep in mind that this with allows one to ‘look up a vertical’ in order to ‘see that other dimension of time’ … and that you can click on the image to open a larger view.

We see that:

1)  The forecasts for LOR2 conditions in NSW and QLD have both moderated:

(a)  No forecast LORx condition of any colour in NSW currently; and

(b)  Down to forecast LOR1 in QLD

… but there it’s visible that there was a very brief period where the red swatch shows forecast LOR3 in the NSW region a few days ago, looking forward to this evening!

2)  In terms of prices:

(a)  We can see the evening volatility up until 18:00 yesterday

(b)  We can see a wide swatch of spicy prices for both regions for this evening … with QLD colours showing ‘higher for longer’ than in NSW.

Stay tuned…