Curtailment concerns provide a view of the future
Reserve levels and curtailment estimates of November 27 indicate looming transmission challenges for the future.
Read MoreA collation of articles pertaining to Wednesday 27th November 2024
Reserve levels and curtailment estimates of November 27 indicate looming transmission challenges for the future.
Read MoreOliver Nunn of Endgame Analytics provides this summary of NSW price, demand and generation trends to provide context about what has happened in the region over the past several weeks.
Here’s a quick 14-day review of the operation of the VIC1-NSW1 interconnector, including the price difference across it.
References to WattClarity in today’s session of the Senate Committee on Energy Planning and Regulation in Australia (between Matt Canavan and Daniel Westerman) spiked our interest – and, given the topic was NSW unit outages on Wednesday 27th November 2024, we took a quick look.
There have been about 10 occasions in the market’s history when the last week of November has led to extreme prices and this November, was no exception – Carl Daley of EnergyByte provides this wrap-up.
Separating curtailment from being priced out, we uncover features of unit utilisation by fuel type on the 27th November 2024.
Wednesday 27th November saw tight supply and demand balance, NSW Energy prices at the MPC for a string of intervals, actual LOR2 conditions, and activation of the RERT mechanism, but in the end no load shedding (LOR3 conditions) eventuated.
An early look at two demand-side factors worth examining regarding the tight situation in NSW yesterday.
A brief recap on the dispatch of RERT on 27 November in NSW compares it to demand levels at the time.
A demand decline in NSW supports the end to a RERT intervention in NSW on 27 November 2024.
RERT has been triggered in NSW on 27 November 2024.
A quick look at our generator outages widget from ez2view, to see which units are still offline as of 3:30pm on Wednesday 27th November 2024.
The AEMO have published a third press release regarding low electricity reserves in NSW this afternoon – this time stating that the NSW Government is working to reduce electricity consumption within their agencies.
The Waratah BESS has receieved a direction to maintain a state of charge of 96MWh, not long after Wallgrove BESS received a similar instruction.
A short post to note that an actual LOR1 condition has eventuated in NSW, as per market notice 121089.
The Energy price in NSW has already spiked to up near the MPC of $17500 as early as 14:30 NEM time.
Ben Domensino of WeatherZone provides some context about the heatwave being experienced in NSW today.
Market notice 121067 indicates that the AEMO has directed Iberdrola’s Wallgrove BESS to maintain 59MWh of energy storage.
A forecast LOR3 for this afternoon reappeared in the P30 forecasts for four hours this morning, as demand forecasts for the region jumped by approximately 200MW.
Market notice 121038 has appeared this morning, showing that the AEMO intends to commence RERT negotiations in NSW this afternoon.