It shows a forecast for ‘Market Demand’ in NSW climbing to above 12,500MW, and the re-appearance of forecast LOR2 conditions. No surprise there are forecasts for evening volatility.
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.
On Sunday 1st September 2024 the ‘minimum demand’ point in NSW ratcheted lower still – a drop of 6% on the preceding ‘lowest ever’ point set just over 10 months ago.
A very quick post to look at one of the several reasons we are seeing LOR3 and LOR2 forecasts for NSW and Queensland respectively next Wednesday (27 November). Previous posts from Paul (including this one) have looked at a range…
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