Price start to climb in (QLD and) NSW on Tuesday 17th December 2024

Posted by Paul McArdle Tuesday, December 17 2024 Topic: 2024-12-17

A short article with this NEMwatch snapshot at 15:20 (NEM time) to highlight that spot prices in NSW and QLD have started to climb … currently just above $800/MWh:

2024-12-17-at-15-20-NEMwatch-NSW

Here’s a similar view (as used yesterday) for two copies of the ‘Forecast Convergence’ widget in ez2view at the 15:25 dispatch interval:

2024-12-17-at-15-25-ez2view-ForecastConvergence-NSW

Forecasts for ‘Market Demand’ this evening in NSW have moderated somewhat (dropped by ~400MW compared to forecasts in earlier P30 predispatch runs).

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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. Actual LOR1 eventuates in NSW on Tue afternoon 17th Dec 2024 - WattClarity

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