NSW demand tops 12,800MW and reserves tighten today – prior to the cool change
Today was the turn for NSW to feel the heat – with demand rising and supplies stretched as a result.
low ‘Instantaneous Reserve Plant Margin’
Articles tagged with ‘low Instantaneous Reserve Plant Margin’ are catalogued here.
See this page for an explanation of IRPM … how it’s calculated, and what it means.
Third consecutive day of extreme demand in Victoria and South Australia with the heatwave
For the third day in a row, high temperatures drive demand higher – inching closer to a new all-time record for Victoria.
Close to a new record demand in Victoria today (Wed 15th), but no cigar
Recapping where the peak demand actually landed today, with the heatwave across southern Australia.
Heatwave threatens to melt Victorian all-time electricity demand record today – with Reserve Trader getting a run
An early review of what’s been happening today (Wednesday 15th January) with the heatwave in Victoria and South Australia
Even Colongra gets a run as high temperatures stretch local supplies in NSW
High temperatures passing through NSW provided the opportunity for the Colongra gas-fired power station to shake off the cobwebs and have a run for the day.
7-day South Australian overview (Thu 30 May to Wed 5 June)
Spot Prices in South Australia were elevated over the past 7 days – here are some reasons why.
Prices yo-yo in SA this morning, as installed capacity goes missing
Following yesterday’s warnings about the potential for a tight supply/demand balance in South Australia this week, it was not really a surprise when the SMS alerts from NEM-Watch began buzzing for the 07:20 dispatch interval this morning (NEM time), highlighting that the dispatch price in SA had jumped to $12,199.20/MWh. This has continued through the morning.
Load shed warning (LOR3) issued by AEMO for Tuesday in South Australia
It’s not looking that great, currently, for the supply/demand balance in South Australia this week – when viewing predispatch, ST PASA and AEMO’s Market Notices
SA prices rise as Surplus Capacity drops to levels not seen since 2004
Spot prices in South Australia have been seen to be higher in the month of April than in the prior months, which is somewhat counter-intuitive. Prices also spiked this evening on a number of occasions above $500/MWh – here’s some of the reasons why.
Only 709MW of spare generation capacity in NSW at 15:40
A quick note about the tight supply/demand balance in NSW today – by virtue for high demand and constrained interconnector capability.
The extremes continue in the NEM
More extreme weather drives extreme demand and extreme prices – on Wednesday 2nd February.
VOLL (or MPC) in NSW today as high temperatures stretch supplies
A graphical summary of a day when temperatures soared in NSW, dragging demand higher and (with the assistance of a relative shortage of supplies) also dragging prices to VOLL
Hot weather moves north-eastwards, driving demand in NSW
A snapshot of a higher demand day in NSW, driven by higher temperatures as they move eastwards
Heatwave ramps up in southern Australia, dragging prices higher
Some notes about the heatwave in SA and VIC, and what it means for the NEM
NEM-Wide demand soars, and IRPM drops, on a hot spring day
A few snapshots and quick notes about a very hot spring day in the NEM, with demand soaring, IRPM dropping across the market, and prices at VOLL in NSW
Tight supply-demand balance in SA today!
Some quick notes about high demand and prices in South Australia again today….
Prices Surge in QLD and NSW as Demand Climbs
We noted yesterday (Wednesday 10th June) that NEM-wide demand climbed past 32,000MW for the first time this winter.
The following evening saw demand climb to similar levels (a peak of 32,054MW at 18:20 – so 35MW higher than the previous night). However the situation on Thursday night was different in two key ways…
October in the NEM (a review of 10 years of history)
One of 12 articles on the months past in the NEM – in which we examine the trends in price and demand across the NEM for the month of October.
Massive Demand, Huge Prices, Load Shedding and the Cumulative Price Threshold (and lessons learnt?)
Wednesday 28th January saw demand across the NEM jump to unprecedented levels, setting a new record of 34,843MW at 16:00 NEM time. On Thursday 29th January, we saw the demand increase still further, leading to prices that stayed high for much of the day (to the point where the Cumulative Price Threshold was reached in VIC and SA and price caps were imposed), and a relatively small amount of involuntary load shedding occurring in VIC and SA.
June in the NEM (a review of 10 years of history)
One of 12 articles on the months past in the NEM. June has brought us several cases of “economic witholding of capacity” – particularly in 2002, and in 2007 the NEM had a very interesting week in which the IRPM plunged to its lowest level ever.