Prompted by last Friday’s publication of the AER’s ‘Wholesale Markets Quarterly’ for Q2 2021, here’s a tabulated summary of some of the contributing factors of spot price volatility (and hence high average prices) for the quarter – particularly for QLD and NSW.
high NEM-wide demand
Following several different warnings of high temperatures forecast for the lead-in to Tuesday 26th January 2021 (whatever you want to call that day) I’ve taken a quick look at what it’s currently forecast to mean for the NEM…
Guest author, Allan O’Neil does a masterful job with limited time in reviewing some of the goings-on in the NEM (particularly VIC and SA) on Thursday 30th January 2020
A brief overview of a stressful afternoon/evening in the NEM, where a confluence of events (heatwave-driven high demand, low wind, coal unit trip, etc…) drive LOR2 low reserve condition notice in both VIC and SA, and gear AEMO up to call on Reserve Trader (yet again!)
A quick look (ahead of time) at what looks set to be a very high level of electricity demand right across the NEM tomorrow evening, Friday 31st January 2020. Just in time for the Australian Open semi-finals.
Some snapshots from NEMwatch recording a day where NEM-wide demand breached 33,000MW and prices spiked above $1000/MWh in VIC and SA
With high temperatures forecast to return to the NEM next week, we take a quick look at the AEMO’s demand forecast.
A review of the high demand periods over summer 2017/18 highlights the important contribution renewable generation is making to meeting peak demand and addressing the reliability of the power system.
A quick review of a day when NSW demand was forecast to be high
AEMO forecasts NEM-wide demand to exceed 32,000MW tomorrow (Monday 18th December), which is far higher than seen in December 2016, and one reason for the LOR1 low reserve notices.
NEM-wide demand roared to life today, for the first time this summer, with hot weather pretty much everywhere.
Demand begins to wake from holiday slumber with temperatures up across the mainland.
Recapping where demand trended over summer 2013-14 and (importantly for our competition entrants) what the peak demand was seen to be, NEM-wide
For the third day in a row, high temperatures drive demand higher – inching closer to a new all-time record for Victoria.
A snapshot of the highest demand point experienced in Victoria (and across the NEM) today
A view of how NEM-wide demand trended over summer, with respect to our Best Demand Forecaster in the NEM competition.
A record of the highest NEM-wide demand so far during summer 2012-13. A useful reference, for all of those who entered our “Best Demand Forecaster in the NEM” competition this time, and for those who sat on the sidelines.
A record of a hot day that drove NEM-Wide demand to the highest level it has achieved (thus far) this summer. See this in context of historical maximum levels.
Some analysis of how NEM-wide demand trended through summer 2010-11, and what this meant on a regional level.
An illustration of the high demand and volatility on Tuesday 1st February.