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.
With respect to yesterday’s ‘Notification of Potential Gas Supply Shortfall Event’ and this evening’s tight supply-demand balance in the NEM, worth noting this AEMO tweet at 17:50 this evening: … which links to this short update on the AEMO website,…
There’s been some movement in AEMO’s forecast Lack of Reserve positions for tomorrow (Thu 2nd June 2022) but the outlook still seems to be tight…
Across the NEM, surplus Available Generation is less than 15% more than aggregate Market Demand … a low IRPM.
A quick look at the current forecast for tight supply-demand balance on Thursday evening 2nd June 2022
A short look at the start of price volatility on Tuesday evening 31st May 2022
A very quick summary of market volatility touching all regions across Monday 30th May 2022 … but particularly in the evening.
AEMO’s Market Notice 96633 jumped off the page for us…
Following Tuesday evening’s fireworks, we take a first look at whether Wednesday evening might be a rerun.
A quick look at the supply-demand balance for the QLD on Tuesday evening 8th March 2022 … where it became very, very tight for a period of time (hence very low IRPM).
A quick look back at today (Tue 1st Feb) and look forward at tomorrow (Wed 2nd Feb).
We’re down to 485MW of spare capacity in the QLD region … at any price. Hold onto your hats!
Adding into the tight supply-demand dynamic, the coal-fired unit Tarong unit 2 tripped this afternoon.