Actual LOR1 condition eventuates in NSW on Wednesday afternoon, 27th Nov 2024

Posted by Dan Lee Wednesday, November 27 2024 Topic: 2024-11-27

This is a short post to note that an actual LOR1 condition is now present in NSW, as per Market notice 121089 posted just a few minutes ago.

For those who need reminding, an LOR1 condition represents that reserve levels are lower than aggregate of the two largest units in the region. This WattClarity page provides background to the difference between forecast and actual LOR conditions, and what the three levels represent.

 

Notice ID               :     121089
Notice Type Description :     Reserve notice
Creation Date           :     27/11/2024     14:48:34

AEMO ELECTRICITY MARKET NOTICE

Actual Lack Of Reserve Level 1 (LOR1) in the NSW region - 27/11/2024

An Actual LOR1 condition has been declared under clause 4.8.4(b) of the National Electricity Rules for the NSW region from 1430 hrs.

The Actual LOR1 condition is forecast to exist until 1630 hrs.

The forecast capacity reserve requirement is 1370 MW. 
The minimum capacity reserve available is 710 MW.

Manager NEM Real Time Operations
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About the Author

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Dan Lee
Dan is a Market Analyst, who joined Global-Roam in June 2013. He departed (and returned) for a couple of brief stints overseas, before rejoining the team permanently in late 2019. Alongside his work at Global-Roam, he has undertaken short-term contract roles as an analyst and researcher in various areas of the energy sector. Dan graduated from the Master of Sustainable Energy program at the University of Queensland in 2024.

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  1. A chronological record of events in NSW on Wednesday 27th November 2024 - WattClarity

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