AEMO released draft of 2024 Integrated System Plan … cue the media headlines
It’s Friday 15th December 2023 and the AEMO has published its draft of the 2024 ISP, in time for everyone’s Christmas reading list
Articles by Paul McArdle
One of three founders of Global-Roam back in 2000, Paul has been CEO of the company since that time.
As an author on WattClarity, Paul's focus has been to help make the electricity market more understandable.
Belated notice from the AEMO about RERT contracted for yesterday (Thu 14th Dec 2023)
It’s Friday morning and AEMO has just published a Market Notice to alert the market that RERT was contracted for yesterday evening in NSW (Thu 14th Dec 2023).
Disallowed flow north on VIC1-NSW1 another significant factor in tight supply-demand in NSW + QLD
A quick look at how restrictions in southern NSW meant that Victoria could not export to NSW through the afternoon … hence contributing to the tight supply-demand situation.
Wind production ramps down in NSW, coincident with Increased Demand (and then Actual LOR2)
One factor contributing to the tight supply-demand balance is the decline in wind production (and capability) inverse to the rise in ‘Market Demand’.
Actual LOR2 in NSW from 17:30 on Thursday 14th December 2023
‘Market Demand’ has ramped back up, leading to an ‘Actual LOR2’ low reserve condition in NSW on Thu 14th Dec 2023
NSW ‘Market Demand’ climbs past 13,000MW – and IRPM drops – but prices stay moderate
NSW ‘Market Demand’ exceeds 13,000MW for the first time today (Thu 14th Dec 2023)
NSW ‘Market Demand’ squeezes 12,500MW as price passes $500/MWh
Getting closer to the time of forecast peak in demand, the forecast LOR2 is revised downwards.
RERT negotiations underway in NSW … at the same time as the NSW spot price is negative and forecast spikes have disappeared
A strange coincidence with the AEMO ‘intending to commence’ negotiations about Reserve Trader for NSW – for this afternoon/evening.
NSW ‘Market Demand’ over 11,000MW – and forecast evening demand warming back towards 13,000MW
A quick update into Thursday afternoon with forecast for this evening, Thu 14th Dec 2023 in NSW
Demand forecast moderating for NSW for Thursday evening, 14th December 2023
A late morning update on forecast conditions for NSW this evening, Thu 14th Dec 2023
Forecast supply-demand for NSW for Thursday evening 14th December 2023 remains tight
An updated view of the forecast for a tight supply-demand balance for tomorrow (Thu 14th Dec 2023) in NSW.
NEM-wide ‘Market Demand’ peaks above 30,000MW on Friday 8th December 2023 … first time since July
The NEM-wide demand peaked (just!) above 30GW on Friday afternoon/evening 8th December 2023.
Price volatility also in NSW on Friday 8th December 2023
Second article on Friday 8th December 2023, about two NSW spikes that top-and-tail the volatility written about earlier in South Australia.
Return to service for Callide C3 delayed by 17 days (now to 24th January 2024)
A quick update today, following news yesterday from CS Energy about a 17-day delay to the expected return to service of Callide C3, following repairs to the collapsed cooling tower.
Worth a read – ESIG Report ‘Weather Dataset Needs for Planning and Analyzing Modern Power Systems’
This morning I was fortunate to listen into an ESIG Webinar with respect to their report ‘Weather Dataset Needs for Planning and Analyzing Modern Power Systems’
Brief period of spot volatility in QLD and NSW on Tuesday evening 5th December 2023
Some volatility in QLD and NSW on Tuesday 5th December 2023.
Rooftop Solar is crushing* the returns for Large-Scale VRE
Following the release of GenInsights Quarterly Updates for 2023 Q3 we’ve chosen to share here one of the clear challenges for large-scale VRE that is emerging (particularly in 2023 Q3) due to the rise and rise of rooftop PV.
GenInsights Quarterly Update for Q3 2023 released
A quick note to mark the the release of GenInsights Quarterly Update for 2023 Q3 last week (and Executive Briefing to one of our subscribers today).
Case Study (part 1) of Aggregate Scheduled Target on Friday 8th September 2023
The first part of a Case Study looking at a large 5-minute ramp in ‘Aggregate Scheduled Target’ in the middle of the day (an unusual time) on Friday 8th September 2023
Forecast low System Strength of concern in NSW for Tuesday 14th November 2023 … first time ever?
A quick note about a forecast by AEMO of shortfall in system strength in NSW region for Tuesday 14th November 2023.