Temperature Spikes drive Demand higher this week
Some quick notes on what's happened in the NEM today (17th) and yesterday (16th)
Queensland
How helpful was NEMMCOs PASA process in predicting the demand spike on 29 January 2009 (part2)
Some further analysis of the MT PASA and ST PASA forecasts for other regions of the NEM (SA, TAS, NSW and QLD) for the day of 29th January 2009 - when a new record NEM-wide demand was established.
High temperatures in QLD yesterday drag demand close to all-time-maximum
A record of high demand in the QLD region on Thursday 10th December 2009
NEM-Wide demand soars, and IRPM drops, on a hot spring day
A few snapshots and quick notes about a very hot spring day in the NEM, with demand soaring, IRPM dropping across the market, and prices at VOLL in NSW
High temperatures force demand high, NEM-Wide (and prices follow)
A few brief notes about a hot day across the mainland, with demand levels high in each of the 4 mainland regions
High demand in QLD as heatwave rolls east
A few snapshots of a hot day in QLD and NSW as the spring heatwave rolls east.
Prices race in QLD and NSW as horses race in VIC
Tuesday 3rd November, and the temperatures that had driven prices higher in SA the previous day moved eastwards. Whilst VIC demand was lower as everyone lost their shirts on a horse, demand climbed in NSW and QLD, dragging prices upwards as well.
A beautiful summer’s day for South-East Queensland – in August
A snapshot towards the end of a remarkable day in August 2009 when temperatures soared in South-East Queensland (yes, that's in winter).
A hot day in QLD today!
High temperatures in Queensland drive demand up on New Year's Eve.
NEMMCO Market Event Report – 31 October 2008
A Market Event Report has been published on the NEMMCO website discussing the market outcomes of the high energy prices in the New South Wales and Queensland regions on Friday, 31 October 2008.
Analysis of price volatility in the QLD region over summer 2007-08
Our Managing Director was asked to speak at the "Queensland Energy" conference in Brisbane on Wednesday 12th March - specifically addressing the topic of price volatility in the NEM. To provide the basis of discussion during the conference, we focused our analysis solely on Queensland...
22nd and 23rd February 2008 – a rare hot spell in Queensland
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.
Weekly summary of events in Summer 2006-2007
We compiled a week-by-week summary of interesting events that occurred in the NEM - from 19th November 2006 through until 16th January 2007 (the day of the blackout).
11th January 2007 – first spike in demand above 30,000MW
There was a temperature-driven spike in demand across the NEM later in the week beginning Sunday 7th January - culminating in the summer's first demand peak above 30,000MW (on Thursday 11th January). On this occasion, the spot price spiked above $1000/MWh in Queensland, NSW, Snowy...
7th December 2005 – high demand in Queensland and NSW
For several days in early December, temperatures reaching 40 degrees in Queensland and New South Wales cause airconditioning load (and hence total demand) to soar in both regions. The high demands resulted in very high prices being experienced in both QLD and NSW (and also...
2nd February 2006 – price spike in NSW and Queensland
This week saw a new record demand in NSW of 13,292MW on Thursday 2nd February. Correspondingly, average prices were above $100/MWh in both NSW and Queensland - but the price spikes did not transfer to the southern regions.
23rd January 2006 – new record for peak NEM-Wide demand
Based on forecasts NEMMCO had been providing through their PASA process, we expected that it might prove that this week would deliver huge demand levels, and high prices. Not to disappoint, the market did deliver high levels of demand in all regions: (a) Peak demand...
2nd February 2006 – NEMMCO’s forecast from 17th January
This article was written prior to 2nd February and drew from the insights gained with our NEMforecastTM product to highlight the looming issue of the tight supply/demand balance forecast for 2nd February 2006.
3rd January 2006 – Outages force QLD price to VOLL
The week started with commotion in Queensland, when the VOLL price ceiling was reached. Further analysis revealed that this was due to transmission system events and the trip of several generation units within Queensland.