White knuckle ride across the NEM on Friday 31st January 2020 (extreme NEM-wide demand)
Today (Fri 31 January 2020) saw NEM-wide demand reach levels never seen before (excepting 29th January 2009). This was just the start of the white knuckle ride.
record NEM-wide demand
How is demand changing in the NEM?
Further analysis of the way that electricity demand patterns (NEM-wide) are changing in Australia's National Electricity Market
Further thoughts about Summer 2008-09 (the heatwave, bushfires, new demand peak, and blackouts)
Summer 2008-09 is now well behind us, and there are a number of official reviews underway that will report back at some stage. Even so, we’ve been continuing to ponder a couple of things about what happened in January 2009 (particularly in VIC and SA)...
And the winner for summer 08-09 is…
We noted yesterday, in the midst of the excitement, that the previous NEM-wide demand record had been beaten, by virtue of the heatwave assaulting VIC and SA over the day. We spoke too soon, however, as demand continued to climb through the afternoon.
Massive Demand, Huge Prices, Load Shedding and the Cumulative Price Threshold (and lessons learnt?)
Wednesday 28th January saw demand across the NEM jump to unprecedented levels, setting a new record of 34,843MW at 16:00 NEM time. On Thursday 29th January, we saw the demand increase still further, leading to prices that stayed high for much of the day (to...
New record all-time NEM-wide demand (and for VIC and SA) today!
The day is not over yet, but we thought you would be interested in the attached snapshot highlighting the first of the occasions on the day when prices jumped to VOLL in SA and VIC as a result of searing temperatures stopping the tennis, and...
New record summer demand!
We watched with interest today as demand crept up in all mainland regions to the point where the NEM-Wide demand rose slightly above 33,000MW for the first time ever, during a summer period.
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...