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.
The calls for restraint on energy use are an understandable step, given the very tight supply-demand balance.
The AEMO has activated/dispatched Reserve Trader for later this afternoon/evening in the QLD region – beginning at 17:00 NEM time
AEMO forecasts possible load shedding on Wednesday evening, 2nd February 2022
A short morning article, looking forwards to this evening’s forecast tight supply/demand balance (and possible load shedding) in the QLD region.
… and as a result of the forecast LOR3 tomorrow in QLD (Tue 1st Feb 2022), AEMO is commencing Reserve Trader negotiations.
AEMO now asking for ‘Generator Recall Information’ for generators in NSW with LOR2 conditions forecast on Tuesday … and forecast demand levels in QLD for Wednesday 2nd February up near the all-time maximum.
A couple SMS alerts to AEMO Market Notices speaking about ‘LOR3’ Low Reserve Condition warnings (i.e. controlled ‘load shedding’) spiked my interest, so I took a look on Thursday afternoon about what’s forecast for Wednesday next week (2nd February 2022) in Queensland…