Today’s significant ‘Market Demand’ drop in NSW (and a smaller one in QLD) not forecast in advance

We earlier noted this ‘Significant (-786MW) drop in NSW demand, on Wednesday 13th November 2024’ … and, in response, a reader (KC) asked:

‘did something similar happen QLD?’

… which leads me to add in this snapshot from the ‘Forecast Convergence’ widget in ez2view, time travelled back to 11:10 dispatch interval (NEM time) in order to see successive updates on the AEMO’s P5 predispatch forecasts for both regions side-by-side:

2024-11-13-at-11-10-ez2view-ForecastConvergence-Demand-P5

Comparing NSW (on the LHS) and QLD (on the RHS) we see both regions saw drops in demand that were not forecast in advance … just that NSW was much more dramatic (enough to trigger the ez2view alert in the prior article).

Flipping to AEMO’s P30 predispatch forecasts (and notwithstanding Tripwire #1 and Tripwire #2) we see some significant gyrations in either direction:

2024-11-13-at-11-10-ez2view-ForecastConvergence-Demand-P30

 

Do we put this all down to the occasional (significant!) difficulties in forecasting injections of rooftop PV?


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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