Demand Response also helps Victoria and South Australia beat the heat-induced peak
As the temperature cools (but the debate heats up) here’s a quick look of how much contribution there was from demand response over the past week.
Victoria
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.
Close to a new record demand in Victoria today (Wed 15th), but no cigar
Recapping where the peak demand actually landed today, with the heatwave across southern Australia.
Heatwave threatens to melt Victorian all-time electricity demand record today – with Reserve Trader getting a run
An early review of what’s been happening today (Wednesday 15th January) with the heatwave in Victoria and South Australia
On Tuesday the NEM-wide demand did reach 31,891MW – and in Victoria 10,072MW
A snapshot of the highest demand point experienced in Victoria (and across the NEM) today
NEM-wide demand steams towards 32,000MW, and prices explode, as heatwave hits Victoria and South Australia
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.
The heatwave promises to return next week
A look at demand forecasts in ST PASA, with the heatwave promising to return next week.
High temperatures drive NEM-wide demand towards 30,000MW
Demand surges in Victoria and South Australia on the back of blistering heat, dragging prices out of their long-term slumber as a result.
The first working day of summer sees volatility return in Victoria and South Australia
A snapshot from NEM-Watch capturing the first volatility seen this summer
Wild price gyrations in Victoria (and elsewhere) today following a station trip at Yallourn
An animation of 90 minutes this morning where the price gyrated wildly in response to a trip at Yallourn, and numerous subsequent reactions by market participants and the AEMO.
The return of the evening price spikes as the winter demand shape arrives a little early
The distinctive winter demand shape returns – and with it comes the evening peaks in prices (even on a Sunday).
Highest electricity demand for Victoria in four years last Tuesday (12th March) – and 400MW of DSR operates
Following some tweets from the esaa mentioning how the demand in Victoria on Tuesday 12th March was the highest seen for four years, we had a look back through our records on the day.
A late burst to summer in the south drives demand higher
Some high temperatures in Victoria and South Australia drive demand higher and, because of transmission constraints, the IRPM in the Economic Island lower.
Temperatures drive demand, and volatility, in Victoria and South Australia Monday 18th February
The price spiked yesterday (Monday 18th February) in South Australia and Victoria – here’s an overview of what happened.
A stinker today in the south – but demand barely wakes from the holiday slumber (and yet prices explode!)
A preliminary look at a number of events that happened today, leading to prices spiking to the Market Price Cap in a number of regions, Demand Side Response being very active, and trading desks being very busy.
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Following the weather warning, what’s the demand outlook in the south?
With a severe weather warning issued for much of Australia (with Sydney and Brisbane almost being the only exceptions) and lasting several days, it’s timely to look at what AEMO is forecasting demand to be in the week ahead.
Prices see-saw across the (mainland) NEM today
An interesting day in the NEM today, with prices gyrating across a wide spectrum, and across all four mainland regions – on the back of higher demand in Victoria and South Australia due to temperatures there, and supported by transmission issues and other factors.
Prices soar as the south-east sizzles – with summer arriving early
Some quick observations about the price spikes observed yesterday on the back of high temperature-driven demand in Victoria.
Yallourn is limping back into service
Following some questions yesterday (from clients and others) we take a quick look at how Yallourn Power Station is progressing in coming back from outage caused by inundation from the nearby river.
A very volatile day in VIC and SA (not particularly due to the Carbon Tax)
Some quick notes today, on day #2 of the Carbon Tax, prompted by some prices that jumped all around the place (not so much due to carbon, though).