Capping off a weekend of new low points for minimum demand in NSW, and NEM-wide (and some near misses elsewhere) this table sums up where the low points sit.
low NEM-wide demand
Slightly later than happened for the NSW region, here’s the stats for the large reduction for ‘minimum demand’ on a NEM-wide basis for Sunday 17th October 2021
A short note to recognise that the ‘low point record’ has been nudged lower on several fronts already (Sun 17th Oct) … and forecast to drop further still
Looks like Sunday 17th October will be an interesting day, with a new ‘record low’ for Operational Demand on a NEM-wide basis forecast by AEMO!
In addition to being a low point for Scheduled Demand and Operational Demand in the QLD region, it was also the case on a NEM-wide basis.
Spot prices in the doldrums with low demand and high production from wind and gas.
High temperatures in Victoria and South Australia – but demand is still well down on the all-time records for those regions.
NEM-wide demand is still to crack the 30,000MW barrier (which used to be fairly commonplace several summers ago). This is not providing good news for generators.
By now our schools are full again, and businesses are back at work – so it is timely to review how electricity demand in the NEM trended through the holiday months of December and January.
As we have the time, we’ll provide some commentary here about the methods used by the various bodies for “long term” (which in the NEM means 10-years, typically) forecasting. Where…
In Queensland we experienced one of the mildest summers I can remember. As a result of this, demand levels were subdued for most of summer. However, for a couple of days in late February, summer finally arrived, and struck with a vengeance.