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.
A few brief notes about a hot day across the mainland, with demand levels high in each of the 4 mainland regions
For only the 5th time in 11 years of NEM history (and the 3rd time for South Australia) four consecutive days of price spikes have forced the Cumulative Price to the Threshold, and AEMO has imposed price caps to prevent retailers from going bust.
Some quick notes about high demand and prices in South Australia again today....
Some quick notes about another price spike today in the South Australian region of Australia's National Electricity Market
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...
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...
On 19th January, high prices were sustained in SA for several hours, bringing the Cumulative Price within a whisker of the $150,000 threshold, at which prices would be capped.
With demand soaring, and interconnectors constrained, generators in South Australia and Victoria took what opportunity they had to force the price high. So successful were the South Australian generators that the Cumulative Price Threshold was reached in South Australia and, under NEM Rules, an Administered...
In March 2008 (after summer had officially ended) South Australians were forced to endure a record 15 straight days of temperatures climbing above 35ºC. Victorians also experienced extreme heat for a number of days. This sweltering weather forced demand through the roof as people used...
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).
There was a temperature-driven spike in demand in South Australia on Friday 8th December 2006. However, demand also spiked on other days in the week, and on those occasions did not lead to the price spikes seen on the Friday.
There was a high level in demand in Victoria on Thursday 26th January 2006. This was especially remarkable, considering that it was an Australia Day public holiday - when commercial (though not industrial or residential) demand could be expected to be somewhat lower than would...
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...