NEM-wide market demand indeed peaks at a four-year high on Monday afternoon, 16th Dec 2024
NEM-wide market demand peaked at a four-year high on Monday afternoon, landing at 33,674 MW during the 17:30 dispatch interval.
A collation of articles tagged with ‘Forecast Convergence’ – which is a way of looking at that other dimension of time.
These might be:
1) Articles using the ‘Forecast Convergence’ widget within our ez2view software;
2) Or it might be other representations of the same concept, such as in our GenInsights Quarterly Updates report.
NEM-wide market demand peaked at a four-year high on Monday afternoon, landing at 33,674 MW during the 17:30 dispatch interval.
Last Friday afternoon 13th December 2024 we wrote that ‘NEM-wide demand on Monday 16th December forecast to be highest in almost 4 years’. So I thought this morning we’d use a couple widgets in ez2view to take a look forward to the forecasts for Monday 16th December 2024 late afternoon and evening to see what’s changed …
The Energy price in NSW has already spiked to up near the MPC of $17500 as early as 14:30 NEM time.
A forecast LOR3 for this afternoon reappeared in the P30 forecasts for four hours this morning, as demand forecasts for the region jumped by approximately 200MW.
We earlier noted this ‘Significant (-786MW) drop in NSW demand, on Wednesday 13th November 2024’ … and, in response, a reader (KC) asked a question that inspired this article.
A quick look in the morning of Thursday 7th November 2024 utilizing this collage of 4 different ‘Forecast Convergence’ widgets in ez2view at the 08:35 dispatch interval looking forward to this evening.
A quick look at market notices and our forecast convergence widget in ez2view, to check in with projected tight market conditions this coming Thursday in NSW and QLD.
A second article about some ‘interesting’ market events in South Australia on Thursday 17th October 2024.
With Eraring unit 3 coming offline on Sunday 25th August 2024 (not long after Eraring unit 1 returned to service) I’ve had a quick look.
An (initial and) short review of the solid block of high aggregate wind yield over the ~3 day date range (late Tuesday 28th May 2024 to late Friday 31st May 2024) … and how much this was expected in advance.
Following numerous Market Notices overnight pertaining to Forecast LOR2 (or LOR1) in NSW for a number of coming days, here’s a summary on Saturday morning 18th May 2024 using ‘Forecast Convergence’ from ez2view.
A question this morning by Antony Stace (on LinkedIn) about AEMO’s demand forecasts for QLD prompts some further context here in this WattClarity article, with quick use of ez2view.
AEMO current forecasts (at early afternoon Wed 28th Feb) still show a tight supply-demand balance in NSW for Thu 29th Feb afternoon/evening, but not as severe.
A Tuesday morning article, looking ahead to forecasts of LOR2 (tight supply-demand balance) for NSW on Thursday evening 29th February 2024
A quick look forward (from Sun 25th Feb) towards Thursday 29th Feb 2024 in NSW
Some interesting data coming from our forecast convergence widget yesterday afternoon, hinted to us that bushfire smoke is likely to have been impacting rooftop PV generation levels in Victoria.
A brief chart to capture VIC demand climbing above expectations.
An afternoon update (16:05) of the forecasts for QLD this evening, Sat 27th Jan 2024
A quick update (from 07:35 Mon 22nd Jan 2024) of forecast demand conditions for this evening in QLD.
A quick look (Friday morning 19th January) towards Monday evening 22nd January 2024 in Queensland.