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.
Recapping who’s won the Beefmaster Premium BBQ (and 5 other prizes as well) as the “Best Demand Forecasters in the NEM” for summer 2012-13
A view of how NEM-wide demand trended over summer, with respect to our Best Demand Forecaster in the NEM competition.
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A chart and a table presented today at FutureGAS highlighting how the dominance of coal in power generation across the NEM is starting to shift.
After an eventful summer 2012-13 in the NEM, where we saw a heatwave early in the season lead into flooding rains (again) – and a new “Best Demand Forecaster” crowned, we progressed into what would normally be the less eventful…
At 23:05 on Saturday 9th March AEMO advised that the Millmerran power station units 1 and 2 tripped simultaneously at 22:07 (58 minutes prior) – for reasons still unknown.
Here’s how we saw it unfold at real time.
Some high temperatures in Victoria and South Australia drive demand higher and, because of transmission constraints, the IRPM in the Economic Island lower.
The price spiked yesterday (Monday 18th February) in South Australia and Victoria – here’s an overview of what happened.
A clear view of who are the bears, and who are the bulls, in terms of where they have forecasted the peak demand for summer 2012-13 will finally land.
A record of the extreme temperatures across NSW today, driving demand in NSW up towards the all-time electricity demand record set 23 months ago.
A starting list of a number of factors that combined to deliver sustained higher wholesale electricity prices in the Queensland region across the weekend of Saturday 12th January and Sunday 13th January 2013.
A record of the highest NEM-wide demand so far during summer 2012-13. A useful reference, for all of those who entered our “Best Demand Forecaster in the NEM” competition this time, and for those who sat on the sidelines.
After watching electricity spot prices in Queensland remain stubbornly high over the weekend, we invested some time today to assess the extent to which these price patterns had ever been seen before – in the 15 years of NEM history.
An extra-ordinary weekend in Queensland, where the mercury stays up and so does electricity demand and (as a result, plus with some help from other factors) so does price.
A record of a hot day that drove NEM-Wide demand to the highest level it has achieved (thus far) this summer. See this in context of historical maximum levels.
A snapshot of a day of contrast – with high demand in Queensland (temperature driven) and extraordinarily low demand in the south.
The mercury in Sydney topped the 40 degree mark today, but demand did not climb to the heights it achieved when it set the record 2 summers ago.
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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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.