Sunday 1st October 2023 and the ‘minimum demand’ point for the QLD region (measured by ‘Market Demand’) has fallen lower still on a sunny spring long weekend.
It’s Queensland’s turn today, with a further ratchet lower in minimum demand on Sunday 17th September 2023.
On Wednesday 6th September many Semi-Scheduled (wind and solar) units in northern QLD were ‘constrained down’ for System Strength reasons. We take a first look as part 1 of a Case Study (more parts *may* follow).
Spot price volatility was experienced in Queensland and New South Wales on 4th September 2023.
A sunny late winter’s day in QLD sees new low point for minimum Market Demand.
A quick report on some market volatility in QLD and NSW on Wednesday 21st June 2023.
For several reasons we take a look at a transmission outage in southern NSW that contributed to some volatility seen in QLD and NSW in the second half of May … and might also do in the second half of June 2023.
A quick look at some evening volatility in QLD and NSW on Monday 12th June 2023.
Continuing the recent run of volatility in QLD and NSW, another bout (albeit shorter) on Friday 26th May 2023.
A quick article to capture volatility in QLD and NSW on Wednesday evening 24th May 2023.
A short article to mark an evening burst of volatility in QLD and NSW, with VIC1-NSW1 again constrained.
A short article to record evening price volatility in NSW and QLD on Wednesday 17th May 2023
Given the significance of the event (Reserve Trader almost triggered on Thursday 16th March – 34 days till the closure of Liddell Unit 4) we’re investing some time in exploring more detail of the event. This is Part 1.
A quick record of the start of volatility on Sunday evening 19th March 2023.
Looks like a new all-time record for Operational Demand in the QLD region early this evening, Friday 17th March 2023.
Looks like we’ve (sort of) dodged the Reserve Trader bullet on Thursday evening 16th March 2023 … but still poses plenty of questions.
Estimated RERT costs published, pushing past the market price cap for dispatched volumes.
Dan Lee tracks the demand forecasts against the actual outcome in QLD last Friday afternoon. The final result was as much as ∼1,000MW lower than the maximum forecast of demand published by the AEMO, which alludes to the inherent difficulty of electricity market forecasting.
(Not even) close … but no cigar. Actual level of Market Demand in QLD for 17:30 is about 10% below what the most extreme forecast thought it might be.
QLD may be down 200MW of available generation with record demand currently being forecast for late this afternoon.