With forecasts for a very, very low level of 'Market Demand' tomorrow (Sat 26th Oct 2024) in NSW, here's a longer term trend to show how it would fit in context.
It was only 5 days (on Sunday 20th October 2024) when we saw a new 'lowest ever*' point for 'Market Demand' in NSW ... so we're amazed to see AEMO forecasting a low point...
In the following dispatch interval (11:50 on Sunday 20th October 2024) the level of 'Market Demand' fell ~200MW ... below the prior 'lowest ever*' point set a few weeks earlier.
A short article capturing a new lowest point for 'Market Demand' in NSW on Sunday 8th October 2024.
On Sunday 22nd September 2024 the minimum demand point for 'Market Demand' in NSW dropped lower still.
The 'Minimum Demand' point in NSW is dropping further still, on Saturday 21st September 2024.
On Sunday 1st September 2024 the 'minimum demand' point in NSW ratcheted lower still - a drop of 6% on the preceding 'lowest ever' point set just over 10 months ago.
Saturday 31st August 2024 saw warm temperatures and high rooftop PV yield contribute to a new low point for 'Market Demand' in NSW
A quick summary of some morning volatility (particularly SA, VIC and SA) on Monday morning 5th August 2024.
A short examination of some of the over-arching factors at play yesterday evening - where prices spiked above $3,000/MWh in all five regions simultaneously.
Already this evening we’ve seen a rare occurrence of price spikes in all five NEM regions simultaneously.
A challenging sequence of events is detailed in the preliminary report on load shedding in NSW on 8 July 2024.
A short (perhaps initial) record of load shedding instructed for NSW on Monday evening 8th July 2024.
We just witnessed another eventful Q2, with at least four drivers contributing to significant price volatility. This is our annual review of Q2 prices, where we compare these outcomes against the long-term trend.
A quick look at the ‘N-DPWG_63_X5’ constraint set as a driver for the curtailment of solar (and other) units in south-western NSW on Monday 24th June 2024.
Prompted by sequence of alerts about of lack of reserve market notices I delved in to the data to understand where and when using the LOR outlook for the NEM’s regions in ez2view. The...
Reaching for the same NEMreview query we've used a few times in 2024 Q2, we take a look at how futures prices have traded in NSW, following the announcement of agreement to extend the...
A short record of some evening volatility in NSW on Monday 20th May 2024.
Since the update Saturday morning, the Market Notices (relating to forecast LOR* in NSW on [some day]) have continued ... here's an update.
Following numerous Market Notices overnight pertaining to Forecast LOR2 (or LOR1) in NSW for a number of coming days, here's a summary on Saturday morning 18th May 2024 using 'Forecast Convergence' from ez2view.