AEMO published ‘NEM Event – Directions Report 1 February 2022’
A short (and back-dated) article about the AEMO's publication of their Directions Report for Tuesday 1st February 2022 during QLD's heatwave.
Articles by Paul McArdle
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.
Summary view of supply-side contributions in QLD during ‘heatwave week’ – particularly Tue 1st Feb 2022 and Wed 2nd Feb 2022
An initial review of some (wholesale) supply-side factors contributing to the extreme price volatility (and Reserve Trader etc) that occurred in the first week of February 2022 in the QLD region of the NEM.
A quick look at the 14:30 price spike today (Wed 2nd Feb 2022)
A very brief look at the first significant price spike in QLD on Tuesday 2nd February 2022.
QLD ‘Market Demand’ at 9,869MW at 14:50 … are we going to reach an all-time record?
QLD demand is climbing closer to an 'all time maximum' on Tuesday 2nd February 2022 ... but an afternoon storm might cool things off.
Demand forecast ‘warming’ for QLD for Tuesday afternoon 2nd February 2022
A first article on Wednesday 2nd February, looking ahead in the AEMO current forecast to what would be (if the forecast holds) a new record for QLD Region 'Market Demand'
We dodged a bullet today in QLD (Tue 1st Feb 2022) … but there’s new challenges to confront tomorrow (Wed 2nd Feb 2022)
A quick look back at today (Tue 1st Feb) and look forward at tomorrow (Wed 2nd Feb).
The performance of QLD’s two wind farms through Tuesday 1st February 2022
A quick look at how QLD's Wind Farms performed today ... Tuesday 1st February 2022.
Queensland ‘Q^^NIL_CS’ central-south constraint also a factor, on Tuesday 1st February 2022
A quick look at the ‘Q^^NIL_CS’ constraint equation, which was also active today in QLD and influencing market outcomes.
Only 5 percent IRPM (485MW spare) in the QLD Economic Island!
We're down to 485MW of spare capacity in the QLD region ... at any price. Hold onto your hats!
It’s all happening – Intervention, Directions, Reserve Trader, etc…
Here's just a couple of the strange things that are going on in the NEM this afternoon ... particularly in QLD and NSW
Yo-yo pricing in NSW today, and in QLD
Some 'interesting' price outcomes seen today in NSW and QLD.
After a hiatus, Queensland demand starts rocketing back upwards late afternoon Tuesday 1st February 2022
Queensland 'Market Demand' is almost at 9,500MW at 16:35 - after retreating temporarily in the early afternoon.
Tarong unit 2 trips on Tuesday afternoon (1st February 2022)
Adding into the tight supply-demand dynamic, the coal-fired unit Tarong unit 2 tripped this afternoon.
Calls for restraint on electricity use in QLD on Tuesday 1st February 2022
The calls for restraint on energy use are an understandable step, given the very tight supply-demand balance.
Reserve Trader dispatched in QLD from 17:00 on Tuesday 1st February 2022
The AEMO has activated/dispatched Reserve Trader for later this afternoon/evening in the QLD region - beginning at 17:00 NEM time
Load Shedding (a.k.a. LOR3) forecast for QLD on Wednesday evening 2nd February 2022
AEMO forecasts possible load shedding on Wednesday evening, 2nd February 2022
AEMO commences Reserve Trader negotiations for NSW Region today (Tue 1st Feb 2022)
Third article already today ... this one about AEMO and Reserve Trader in the NSW region.
Why is QLD short of generation capacity, on Tuesday 1st February 2022?
A quick look at the coal units that are currently offline today in the QLD region, in the lead-up to the tight supply-demand balance.
QLD’s forecast LOR3 (Load Shedding) cancelled for today (Tue 1st Feb) – then reinstated, then escalated
A short morning article, looking forwards to this evening's forecast tight supply/demand balance (and possible load shedding) in the QLD region.
AEMO to commence RERT (i.e. Reserve Trader) negotiations in QLD for Tuesday 1st February 2022
... and as a result of the forecast LOR3 tomorrow in QLD (Tue 1st Feb 2022), AEMO is commencing Reserve Trader negotiations.