2024-12-16

Articles pertaining to Monday 16th December 2024.

 

We’ve already written 20 separate articles (collated here) about that day.  Scanning the titles of the articles we see:

1)  This was another day in which there were earlier forecasts of LOR3 (i.e. a severe supply-demand balance forecast sufficient enough to flag possible load shedding) for the NSW region;

2)  Whilst this did not actually progress to the point of dispatch, we did see:

(a)  A level of ‘Market Demand’ across the NEM that was highest in 4 years; and also

(b)  A level of ‘Underlying Demand’ up above 38,000MW … so very high, in historical context

3)  In large part because of extreme temperatures … with some parts of Victoria hitting 47°C for the first time since Black Summer.

4)  Amongst the many interesting events on the day, we’ve noted a number of interesting outcomes for units in Victoria … and particularly for Wind Farms.










A quick initial review of bids, for Monday 16th December 2024

Monday 16th December 2024 was an interesting day in the NEM for a number of reasons. So we’ll use the ‘Bids & Offers’ widget in ez2view to do this quick initial review and then, depending what we see, determine whether we want to invest further time to delve deeper…







Looking ahead (prior to 9am), to Monday evening 16th December 2024

Last Friday afternoon 13th December 2024 we wrote that ‘NEM-wide demand on Monday 16th December forecast to be highest in almost 4 years’. So I thought this morning we’d use a couple widgets in ez2view to take a look forward to the forecasts for Monday 16th December 2024 late afternoon and evening to see what’s changed …