We earlier noted this ‘Significant (-786MW) drop in NSW demand, on Wednesday 13th November 2024’ … and, in response, a reader (KC) asked a question that inspired this article.
Monday evening 11th November 2024 sees volatility return in QLD initially, and soon also in NSW.
It was a hot and sweaty walk home from the Brisbane office late this afternoon, accompanied by the incessant buzzing of my phone … due to the run of volatility in NSW and QLD we forecast in this morning’s article.
A quick look in the morning of Thursday 7th November 2024 utilizing this collage of 4 different ‘Forecast Convergence’ widgets in ez2view at the 08:35 dispatch interval looking forward to this evening.
Here’s a snapshot of NEMwatch at the 17:50 dispatch interval (NEM time) highlighting evening volatility in the QLD and NSW regions as we pass beyond sunset on this warm-for-November day.
Worth a short note, given the alerts from ez2view have continued to buzz in recent days, as the AEMO continues to update forecast LOR2 warnings for both QLD and NSW regions for Thursday 7th November 2024.
Prompted by AEMO MN118628 here’s a forward looking view of forecast tight supply-demand balance for QLD on Tuesday evening 8th October 2024.
Sunday 18th August 2024 sees Queensland reach a new ‘lowest’ point for ‘Market Demand’ … not quite 8 months after it saw a ‘highest ever’ point for ‘Market Demand’. Stretched at both ends, and a clear indication of the challenges of this energy transition.
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.
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 brief note to record that at 5:29:34 PM today AEMO have published Market Notice 116985 announcing a possible intervention to maintain power system security for the QLD region. Market notices of this form are now very familiar in recent…
Guest author, Carl Daley from EnergyByte, provides this summary of summer 2024 – covering price volatility, consolidation of the twin peaks dynamic, and BESS performance.
A quick look back at the period before easter 2024, which was forecast to be a wet week in QLD … looking particularly at solar yield.
AEMO updated forecasts for LOR2 in NSW (and now QLD) for Thursday 29th Feb 2024 are now more severe than the earlier forecasts.
A short record of evening volatility in Queensland and NSW on Monday 26th February 2024.
A short article with demand in QLD above 10,000MW
Demand is climbing in both NSW and QLD regions on Friday afternoon 23rd February, off the back of hot weather.
An ST PASA data update on Monday morning 29th January 2024 forecasts LOR3 (i.e. load shedding) for Thursday morning 1st February 2024