Third consecutive day of extreme demand in Victoria and South Australia with the heatwave
For the third day in a row, high temperatures drive demand higher – inching closer to a new all-time record for Victoria.
For the third day in a row, high temperatures drive demand higher – inching closer to a new all-time record for Victoria.
Recapping where the peak demand actually landed today, with the heatwave across southern Australia.
An early review of what’s been happening today (Wednesday 15th January) with the heatwave in Victoria and South Australia
A snapshot of the highest demand point experienced in Victoria (and across the NEM) today
The forecast heatwave arrives in Victoria and drives demand towards what looks like being the highest (so far) this summer, and causing prices to pop.
Demand surges in Victoria and South Australia on the back of blistering heat, dragging prices out of their long-term slumber as a result.
High temperatures arrived in South Australia today from further west – here’s how it affected the NEM
A snapshot from NEM-Watch capturing the first volatility seen this summer
Wind generation on some days in the past 2 weeks supplied a big percentage of SA demand – but not (on a daily basis, at least) near the 90% level.
A cold evening in the NEM, and yet demand can’t make it past 30,000MW – which would have been quite startling 4 or 5 years ago (but not now, as demand has been declining for a number of reasons).
Following from a period of elevated prices in South Australia, prices dropped on Thursday. Here’s some reasons why…
Spot Prices in South Australia were elevated over the past 7 days – here are some reasons why.
Following yesterday’s warnings about the potential for a tight supply/demand balance in South Australia this week, it was not really a surprise when the SMS alerts from NEM-Watch began buzzing for the 07:20 dispatch interval this morning (NEM time), highlighting that the dispatch price in SA had jumped to $12,199.20/MWh. This has continued through the morning.
It’s not looking that great, currently, for the supply/demand balance in South Australia this week – when viewing predispatch, ST PASA and AEMO’s Market Notices
The distinctive winter demand shape returns – and with it comes the evening peaks in prices (even on a Sunday).
Augurs to be an interesting day in South Australia today, with two (now three) price spikes already this morning – due in part to no supplies from coal, or from wind.
A price spike late at night in South Australia, not long after posting other comments about low surplus generation capacity.
Spot prices in South Australia have been seen to be higher in the month of April than in the prior months, which is somewhat counter-intuitive. Prices also spiked this evening on a number of occasions above $500/MWh – here’s some of the reasons why.
Some high temperatures in Victoria and South Australia drive demand higher and, because of transmission constraints, the IRPM in the Economic Island lower.
The price spiked yesterday (Monday 18th February) in South Australia and Victoria – here’s an overview of what happened.