After the storm: Looking at Q2 2023 price trends, one year on from an Energy Crisis
One year on from a market-wide suspension, Dan Lee provides a review of Q2 prices for 2023 so that we can examine some of the longer-term price trends.
Queensland
AEMO forecasts point towards a possible record total demand in QLD this afternoon on 17th March 2023
Following last night’s market volatility, QLD’s total demand is currently forecast to go beyond its highest recorded point.
QLD Market Demand reaches 9,512MW on a hot Sunday afternoon–12th February 2023
A quick look at how Market Demand peaked on a hot Sunday afternoon/evening in QLD.
Wind not blowing in Queensland this afternoon as demand begins to rise
With demand beginning to rise sharply output at Queensland’s four wind farms has been muted so far this afternoon.
RERT dispatched in QLD – at 17:30 on Friday 3rd February 2023
The RERT has been dispatched for 5:30PM this afternoon in Queensland
Forecasts pointing to record demand and other risks in QLD for Friday afternoon.. but caveats aplenty
Our fourth article looking forward to this Friday afternoon (3rd February 2023) in the Queensland region, where successive AEMO STPASA forecast data is showing considerable variability about what peak demand might be for the QLD region (it *might*, if predictions turn into reality, smash the prior all-time record). Dan Lee looks into how the demand forecast has been evolving and what to watch for this Friday afternoon.
Tuesday afternoon look at the (escalating) forecast for Friday 3rd February 2022 … but later the forecast LOR2 was cancelled, and then reinstated
Second article (on Tuesday 31st Jan 2023) looking forward towards a tight supply-demand balance forecast for the QLD region on Friday evening 3rd February 2023.
EY-ROAM modelling for Queensland Energy Plan released
It’s under 2 weeks since the Queensland Government released its much-awaited Energy Policy. Some reports into the modelling behind this (from EY-ROAM) has been released.
QLD Government releases ‘Energy and Jobs Plan’
On Wednesday 28th September 2022 the Queensland Government has launched its much awaited Energy Policy.
Two charts from ‘Smart Energy Queensland’ presentation, illustrating the electricity supply mix in Queensland
Following a presentation today at ‘Smart Energy Queensland’ here are two slides to start with – illustrating the fuel mix in electricity supplies in the NEM.
‘Minimum Demand’ records pushed lower in QLD on Sunday 11th September 2022 … re ‘Emergency backstop mechanism’
‘Minimum Demand’ for the QLD region (in recent years and excluding 25th May 2021) drops lower still on Sunday 11th September 2022.
QLD minimum demand drops lower still on Sunday 14th August 2022
A short note on Sunday 14th August 2022 with electricity demand in QLD hitting new low points.
New lowest point for QLD ‘Market Demand’ on Sunday 7th August … excluding outages
QLD ‘Market Demand’ is dropping past prior low point (excluding 25th May 2021 with the loss of load).
RERT dispatched in QLD – at 17:00 on Tuesday 5th July 2022
RERT (Reserve Trader) dispatched in QLD.
RERT may be triggered this evening – Tuesday 5th July 2022?
This morning (Tue 5th july 2022) AEMO announces it may see the need to trigger Reserve Trader this evening.
RERT dispatched in QLD – at 18:00 on Wednesday 15th June 2022
RERT (Reserve Trader) dispatched in QLD.
RERT (Reserve Trader) in QLD and NSW on Tuesday 14th June 2022
A quick article about reserve trader for Tuesday 14th June 2022.
11am forecasts for LOR3 (load shedding) across the NEM for Tuesday 14th June 2022
A first look today at what’s forecast for load shedding this evening (some very large numbers for both QLD and NSW).
AEMO cancels forecast load shedding (LOR3) in the QLD region for this evening
Small celebration!
NEM-wide IRPM down to only 13%
It’s 17:30 and the white knuckle ride through this evening begins…