Another short article to record this 404MW jump in ‘Market Demand’ in the Victorian region from the 07:50 to 07:55 dispatch interval (NEM time) on Wednesday 7th May 2025 – as recorded in this ‘Notification’ widget alert from ez2view:
Using the time-series view in NEMwatch (below) we see there was an earlier reduction in ‘Market Demand’ that was not quite big enough to trigger the 400MW alert threshold:
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.
All four mainland regions of the NEM are now under Administered Pricing … with SA and then VIC joining NSW and QLD in quick succession Monday evening 13th June 2022.
Coincident with the walk home this afternoon/evening, the ‘Notifications’ widget in one of our display copies of ez2view alerted us to a large drop of ‘Market Demand’ in the NSW region … at a 937MW drop in the 5 minutes to 17:15 NEM time, so I have taken an initial look
An interesting day in the NEM today, with prices gyrating across a wide spectrum, and across all four mainland regions – on the back of higher demand in Victoria and South Australia due to temperatures there, and supported by transmission issues and other factors.
Returning to the theme of analysis of Q2 prices (completed in 2017 and 2016 due to Q2 historically being an uneventful period) we see that prices have backed off from the “off the charts” level of 2017, but are still much higher in all regions than most other regions. In some cases results are second worst in 20 years.
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