QLD Market Demand for 17:30 lands at ‘only’ 9750MW (Fri 3rd Feb 2023)
(Not even) close … but no cigar. Actual level of Market Demand in QLD for 17:30 is about 10% below what the most extreme forecast thought it might be.
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.
The worm has turned? Actual demand levels dropping lower than forecast (QLD 3rd Feb 2023) … maybe no record?
Today (Fri 3rd February 2023) is an illustration of the inherent difficulties in ‘successfully’ forecasting electricity demand!
Spot price volatility has begun (in QLD on Friday 3rd February 2023)
Second price spike in QLD today above $1,000/MWh … with more to continue?
Solar Production in QLD dropping faster than previously forecast (Friday 3rd February 2023)
The rain and cloud cover is delivering (amongst other things) a faster-than-expected drop in aggregate solar production in QLD.
Twelve hours of Mainland NEM System Frequency on Friday 3rd February 2023
Another article today presenting 12 hours of history of System Frequency (to ~14:00 on Friday 3rd February 2023) with a few questions added. Comments welcome!
AEMO contracts Reserve Trader (in QLD, on Fri 3rd Feb 2023), but trigger not yet pulled
AEMO starts the Reserve Trader process for the QLD region this evening (Fri 3rd Feb 2023).
Quick Friday morning look-ahead to Friday evening in QLD
A quick article for Friday (3rd Feb 2023) morning, looking ahead to this evening and what AEMO’s current forecasts are saying for this evening.
Thursday morning look ahead to forecasts for tomorrow (Friday 3rd Feb) evening in Queensland
A quick Thursday morning look at changing forecasts for Friday evening in QLD.
A burst of heat and volatility in QLD on Tuesday 31st January 2023
A quick recap of some market volatility (and other developments) in QLD on Monday 31st January 2023
Tuesday afternoon look at the (escalating) forecast for Friday 3rd February 2022 … but later the forecast LOR2 was cancelled, and then reinstated
Second article (on Tuesday 31st Jan 2023) looking forward towards a tight supply-demand balance forecast for the QLD region on Friday evening 3rd February 2023.
The Generator Statistical Digest 2022 (GSD2022) is released
Following a focused effort over the past two months, we’ve released the updated statistical record of operations in Australia’s National Electricity Market … the Generator Statistical Digest 2022 (GSD2022)
Forecast LOR2 (and new record demand) for QLD region on Friday 3rd February
Second article this week about a forecast LOR2 Low Reserve Condition that has arisen for QLD this Friday 3rd February (coincident with what would be a new all-time record for peak demand).
What does ‘Rethinking Capitalism’ mean, for the National Electricity Market?
We thought it would be worth linking to Jim Chalmers’ article this week in The Monthly, as it seems these ideas will have (more) implications for the National Electricity Market.
Might see more price volatility this week … at least in QLD?
With Brisbane feeling more like a ‘normal’ summer in recent days, we took a look at the demand forecast for the coming week.
Coal crunch within sight, with Eraring scheduled closure in 19th August 2025
One other thing noticed this morning was the scheduled drop in coal availability in spring 2025 (not just because of Eraring’s scheduled closure).
Expected Return to Service date for Callide C3* slips further back, to 30th June 2023
A short article about a further delay in the expected return to service date for Callide C3 (which is offline after suffering cooling tower failure).
A subdued start to summer 2022-23
It’s been quite quiet on a price alert front so far this summer … here’s one reason why.
Using the (draft of) GSD2022 to investigate those Solar Farms suffering significant curtailment
An article on RenewEconomy this week (about some analysis by analysts at ANU) coincided with our review of sequential drafts of the GSD2022, and prompted this article to have a look at some reported lost production at a number of solar farms across the NEM.
More delays in expected Return to Service (RTS) for both Callide C3 and C4
Yesterday (Wed 28th Dec) CS Energy informed the market of further delays in RTS for Callide C3 and C4 – today we take a quick look.
Media buzz about compensation for Gladstone Power Station under the coal price cap
Two media articles (in the Guardian and the Australian) prompt a quick article, utilising an in-development copy of the up-coming GSD2022.