One of the metrics we introduced into GenInsights Quarterly Update for 2022 Q3 was a long-range review of IRPM (Instantaneous Reserve Plant Margin). In this article we share a little of what we found.
A quick second article today, with IRPM down below 15% on a NEM-wide basis.
With the AEMO releasing the 2022 ESOO on Wednesday morning 31st August 2022 with the limited time I have available right now I’ve had a quick look, and in this article highlight some things that jumped out to me.
RERT (Reserve Trader) dispatched in QLD.
This morning (Tue 5th july 2022) AEMO announces it may see the need to trigger Reserve Trader this evening.
A quick look at the NEM on Wednesday evening, with thoughts to the near future.
A quick snapshot for NEM-wide Instantaneous Reserve Plant Margin down at 3% at 23:45 on Friday evening 17th June 2022.
An update on this morning’s forecasts from AEMO, published on WattClarity at ~12:00 Tuesday 14th June
A first look today at what’s forecast for load shedding this evening (some very large numbers for both QLD and NSW).
Second article this morning, highlighting the very tight supply-demand balance.
The IRPM has dropped again this evening, with drops in Available Generation outpacing drops in Demand.
As demand climbs into the evening the IRPM is dropping.
It’s 17:30 and the white knuckle ride through this evening begins…
In what is a rapidly evolving situation, we see here another update from the AEMO … extending forecast load shedding into NSW for tomorrow evening as well.
The outlook continues to get worse and worse… forecast load shedding extended to NSW this evening and into QLD tomorrow as well.
AEMO’s updated forecast for load shedding in QLD this evening is for an enormous amount (1,454MW)
First article on Monday 13th June 2022 with QLD under Administered Pricing – looking at not only QLD but also strange outcomes everywhere else…
Available Generation in QLD has been quite the see-saw following the imposition of Administered Pricing on Sunday evening, 12th June 2022. This is the 3rd occasion this evening we see ‘Actual LOR2’ warning.
Fifth article on Sunday 12th June takes a quick look at what’s on (and what’s not) in QLD this evening under AP with very tight margins.
A later article reviewing how Cumulative Price in Queensland has jumped upwards this evening (towards the CPT) as a result of a solid four hours above $1,000/MWh.