Spicy prices forecast in NSW (and LOR2) … with ‘N-CTMN_4_WG_CLOSE’ constraint set now invoked again

Posted by Paul McArdleTuesday 3rd December 2024  10:00 AM   Topic: 2024-12-03, 2024-12-14

A short note for Tuesday morning 3rd December 2024 to highlight the emergence of forecast LOR2 conditions in NSW for later today – as noted in the ‘Forecast Convergence’ widget below in ez2view at the 09:40 dispatch interval (NEM time):

2024-12-03-at-09-40-ez2view-ForecastConvergence

Note the long run of spicy prices forecast for NSW over this afternoon and this evening.

One possible contributor for this is the re-emergence of the ‘N-CTMN_4_WG_CLOSE’ constraint set, which we have seen before:

2024-12-03-at-09-45-ez2view-ConstraintSets

It was invoked this morning and looks set to persist through until Saturday afternoon 14th December 2024.

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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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  1. High prices eventuate before midday on Tue 3rd Dec 2024, as Collector-Marulan 330kV outage invoked - WattClarity
  2. High prices eventuate early on Tue 3rd Dec 2024, as Collector-Marulan 330kV outage invoked - WattClarity

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