For several reasons I’ve updated my view of how daily aggregate Underlying Electricity Consumption has been trending across the NEM in this ‘Year of COVID’.
Some quick reflections on a day that saw spot prices in QLD down below $0/MWh for most of the period seeing strong daylight hours, hence strong injections from rooftop PV systems.
… because the evidence currently suggests that this is just not the case (in this article I explore and explain further)
This started as a consideration of how applicable ‘change of electricity demand’ is as a general metric for communicating the impact of coronavirus (and measures taken to address it). However it is morphed into some considerations much broader than the energy sector…
Like everyone else, we’re grappling with how COVID-19 will impact on us personally – and also in terms of what we do at work. Here’s a few initial thoughts about the types of impacts (and risks to manage) in relation to the National Electricity Market.
A quick look at what would have been a new “lowest ever” point for SA Scheduled Demand today at 12;30 … if the AEMO forecast had held to be valid.
An email alert from NEMwatch (noting Scheduled Demand under 500MW in South Australia today) distracts us, and prompts us to dig a little deeper at the longer-term trend.
A few thoughts about the dispatch price being at, or below, $0/MWh for a dispatch interval on Sunday afternoon – implications for the future…
Based on a tip from a savvy WattClarity reader, we have a quick look at what turned out to be the lowest-ever (normal) instance of Scheduled Demand on a dispatch target basis in the South Australian region of the NEM.
A comment made by TransGrid at the Energy Networks 2018 conference today jolted me to update my (somewhat) outdated paradigm of declining demand.
Coming back from a week out of the office, I was disconcerted to see that yet another industrial energy user has closed its doors.
Electricity consumption in the National Electricity Market (NEM) increased by 0.8% in 2016, this is on top of a 1.1% increase in 2015. Queensland and NSW experienced increases in consumption with all other states experiencing a reduction.
Victoria saw what seems to be the lowest ever* level of electricity demand early on Monday 2nd January 2017
One of our guest authors speaks, from their experience, how price-responsiveness of large industrial users (particularly with high contract prices for Q1 2016) might impact on peak demand this summer
Sitting on the outside, looking in, this article sums up what seems to be the main areas of contention in the great Network Debate that’s been running the past couple years.
Following today’s announcement of the closure of Alinta’s Northern Power Station in South Australia
Some analysis of what happened with NEM-wide demand this summer
A synopsis of one of the challenges facing the electricity sector – and a suggested solution
Some analysis performed by one of our guest authors (Ric Brazzale) identifying the significant factors that contributed to declining demand in the NEM through 2014.
Some analysis of how demand in Victoria has trended over 16 years – at least in part to help competition entrants provide their forecasts of what they think the peak Victorian regional demand will be for summer 2014-15