Just like yesterday evening, this post is a short one, mainly for record keeping purposes – as it’s worth noting that spot prices in QLD and NSW climbed above $1,000/MWh late this afternoon.
Between the 17:30 and 18:00 dispatch intervals, prices briefly hovered over this mark. I was notified about this via my configured SMS alarms from ez2view, shown below.
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.
The middle of the day Sunday (so ~30 hours before the point of interest) sees an opportunity to take an updated look at how extreme AEMO is forecasting Monday (22nd Jan) evening demand in QLD will be…
Sunday 18th August 2024 sees Queensland reach a new ‘lowest’ point for ‘Market Demand’ … not quite 8 months after it saw a ‘highest ever’ point for ‘Market Demand’. Stretched at both ends, and a clear indication of the challenges of this energy transition.
The start of some analysis that helps to identify the variety of factors that combined to give a shaky balance between supply and demand in NSW last week.
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