Updated forecast for LOR3 for Tuesday 26th November 2024 grows more severe

Earlier on Tuesday evening, Linton noted that ‘Load shedding (LOR3) projected for NSW on 26 November 2024’.

That pertained to AEMO’s MN120671 published at 15:33 NEM time on Tuesday 19th November 2024 – so it’s worth noting that ~7 hours later, MN120698 was published – with a deeper forecast LOR3 highlighted (i.e. more load shedding potentially required due to a Reliability Shortfall), as follows:

‘——————————————————————-
MARKET NOTICE
——————————————————————-

From :              AEMO
To   :              NEMITWEB1
Creation Date :     19/11/2024     22:30:52

——————————————————————-

Notice ID               :         120698
Notice Type ID          :         RESERVE NOTICE
Notice Type Description :         LRC/LOR1/LOR2/LOR3
Issue Date              :         19/11/2024
External Reference      :         STPASA – Update of the Forecast Lack Of Reserve Level 3 (LOR3) in the NSW Region on 26/11/2024

——————————————————————-

Reason :

AEMO ELECTRICITY MARKET NOTICE

The Forecast LOR3 condition in the NSW region advised in AEMO Electricity Market Notice No. 120671 has been updated at 2230 hrs on 19/11/2024 to the following:

[1.] From 1530 hrs 26/11/2024 to 1900 hrs 26/11/2024.
The maximum load (other than interruptible loads) forecast to be interrupted is 397 MW at 1800 hrs.

AEMO is seeking a market response.

AEMO has not yet estimated the latest time it would need to intervene through an AEMO intervention event.

Manager NEM Real Time Operations

——————————————————————-
END OF REPORT
——————————————————————-’

 

Comparing the pair of Market Notices to see this newer one as more severe, we see:

1)  This update talks about maximum load shedding potentially being as high as 397MW in the half-hour period ending 18:00 (NEM time) on Tuesday 26th November 2024compared to 199MW noted in the earlier Market Notice.

2)  The earlier update talked about a period of load shedding potentially being 16:00 to 19:00, whereas this update talks about 15:30 to 19:00.

So, wider and deeper…

 

 

…. but readers should remember that these types of alerts are designed to elicit a market response (so here’s hoping!).


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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