TAS spot price at $15,100/MWh with near-record Market Demand … and NEM-wide IRPM hits a low of 4.33% Tuesday morning
Second article this morning, highlighting the very tight supply-demand balance.
high regional demand
High temperatures, and high demand, forecast for Monday 25th January 2021
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…
Heat pushes QLD Scheduled Demand within 214MW of the all-time maximum level on 3rd February 2020
It feels like a lifetime ago, already, but I do vaguely remember that we released our Generator Statistical Digest 2019 last week, on Tuesday 28th January 2020. All the tasks that I had scheduled to follow on from that launch…
A further look at Thursday Jan 30th
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
Buckle in folks, Friday afternoon/evening might be a bit bumpy
Published at 12:02, this is a view looking forward to the expected (very high) peak in electricity demand across the NEM this evening.
Thursday 30th January 2020 sees demand reach 34,257MW and LOR2 notice issued for both VIC and SA
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!)
Shaky afternoon ahead for the NSW Region of the NEM (as at 12:05 on Thu 23rd Jan 2020)
Not looking crash hot for the NSW region this afternoon…
Out of the blue, an LOR2
Considering the extraordinary weather, bushfires, and a couple of large Victorian generators still not back from long term repairs, last week was probably less eventful for the NEM than might have been expected, but it certainly wasn’t incident-free. A very…
What happened yesterday (Fri 20th Dec 2019) in the Victorian Region? A first look…
A first look back at yesterday (Friday 20th December 2019) in the Victorian region – where we saw extreme temperatures, high demand across VIC and SA and (perhaps because of high temperatures) a large discrepancy open up between forecast Wind Availability and actual. This would have contributed to the surprise LOR2 announcement and commencement of RERT negotiations.
Not-So-Quick review of price spike in South Australian region yesterday (Thu 19th Dec) evening
Took 2-3 times longer than planned (as there were a few different interesting observations that came out) but here is our initial – and perhaps only! – review of what happened in South Australia on Thursday 19th December 2019 (i.e. yesterday).
High temperatures drive Queensland Scheduled Demand over 9,400MW
With Queensland temperatures (even at the Brisbane airport) exceeding 40 degrees Celcius today, the electricity demand was also high – though still below the all-time record.
Third peak Scheduled Demand in Queensland in 3 days – 9,924 MW at 16:50 Wednesday 14th February
A new peak Scheduled Demand and Operational Demand in Queensland today with Scheduled Demand still over 9,100 MW after 8 PM.
Queensland region sees a new record peak Scheduled Demand – at 18:50 on Monday 12th February
Queensland experienced a new record for Scheduled Demand for electricity today – but what’s particular staggering is how late in the day it happened!
Sunday 28th January sees Victorian electricity demand (Scheduled, and Operational) above 9,000MW
Yesterday (Sunday 28th January) saw electricity demand (both Scheduled and Operational) above 9,000MW in the heat. Others have noted this was the highest-ever non-working day demand in Victoria, but I have not delved in detail.
Tight supply/demand balance forecast for SA, VIC and TAS on Thursday and Friday
With high temperatures forecast for Thursday and Friday, here’s a quick look at what might be in store…
Hot weather sees NSW demand at 13,000MW and NEM-wide demand above 31,000MW
A quick review of a day when NSW demand was forecast to be high
NSW demand currently forecast to peak up at 13,500MW on Tuesday 19th December
Current forecasts at AEMO show NSW demand forecast to peak above 13,500MW (which would easily be the highest December demand in NSW since 2009).
Coincident warm demand forecast for VIC and NSW tomorrow late afternoon (Monday 18th December)
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.
High temperatures to give demand a kick in Victoria tomorrow (Wednesday 13th December)
AEMO forecasts higher demand in Victoria (and South Australia) tomorrow with the hot weather – and a slight LOR1 warning.
Electricity demand set to climb in NSW on Thursday with the hot weather forecast
With hot weather forecast for NSW this Thursday (especially in inland areas) it’s no surprise to see that the AEMO is forecasting higher demand on the day. Linked to this there is also a slight negative (local) surplus generation forecast.