Actual LOR1 eventuates in NSW on Tue afternoon 17th Dec 2024
Market Notice #122113 states that an actual LOR1 condition has eventuated in NSW, with prices and demand still fluctuating in the region at the time of writing.
Read MoreArticles pertaining to Tuesday 17th December 2024.
Market Notice #122113 states that an actual LOR1 condition has eventuated in NSW, with prices and demand still fluctuating in the region at the time of writing.
Read MoreA short article with this NEMwatch snapshot at 15:20 (NEM time) to highlight that spot prices in NSW and QLD have started to climb, but demand forecast for NSW is moderating.
At 13:06 NEM time the AEMO published MN121831 and 121833 noting the cancellation of the forecast LOR3 that was in place for both Monday 16th December 2024 and Tuesday 17th December 2024.
Earlier this morning, we posted about deeper LOR3 forecast for Mon 16th and Tue 17th Dec 2024 … and promised to take a look at ‘what’s changed?’. That’s what we do here.
We’ll explore ‘what’s changed?’ more in subsequent articles – but in this article just want to flag the Market Notice updates around 05:00 (NEM time) this morning with forecast load shedding for Monday and Tuesday next week growing more extreme …
We also now have a forecast for LOR3 in NSW for Tuesday 17th December 2024.