Actual LOR2 in NSW from 17:30 on Thursday 14th December 2023
'Market Demand' has ramped back up, leading to an 'Actual LOR2' low reserve condition in NSW on Thu 14th Dec 2023
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NSW ‘Market Demand’ climbs past 13,000MW – and IRPM drops – but prices stay moderate
NSW 'Market Demand' exceeds 13,000MW for the first time today (Thu 14th Dec 2023)
NSW ‘Market Demand’ squeezes 12,500MW as price passes $500/MWh
Getting closer to the time of forecast peak in demand, the forecast LOR2 is revised downwards.
RERT negotiations underway in NSW … at the same time as the NSW spot price is negative and forecast spikes have disappeared
A strange coincidence with the AEMO 'intending to commence' negotiations about Reserve Trader for NSW - for this afternoon/evening.
RERT negotiations commenced in NSW by AEMO on Thursday 14th December 2023
A short post to note that the AEMO have published a market notice stating an intention to commence RERT negotiations in NSW.
NSW ‘Market Demand’ over 11,000MW – and forecast evening demand warming back towards 13,000MW
A quick update into Thursday afternoon with forecast for this evening, Thu 14th Dec 2023 in NSW
A quick look at forecasts for available wind generation in NSW for this evening 14th December 2023
A quick look at Semi-Scheduled Wind UIGF forecasts for this evening, where tight supply-demand is expected in NSW.
Demand forecast moderating for NSW for Thursday evening, 14th December 2023
A late morning update on forecast conditions for NSW this evening, Thu 14th Dec 2023
Forecast supply-demand for NSW for Thursday evening 14th December 2023 remains tight
An updated view of the forecast for a tight supply-demand balance for tomorrow (Thu 14th Dec 2023) in NSW.
AEMO requests generator recall information in NSW and QLD for this Thursday 14th December 2023
Two AEMO market notices late this morning suggest that NSW and QLD are in for tight supply-demand later this week, with an LOR2 condition currently forecast in the former.
Guest Authored Posts
24 GW in 24 months, a race against time for the NEM
Following his presentation at All-Energy in Melbourne last week, David Dixon reports on the state of the NEM's ambition to reach 82% renewables by 2030.
The implications of the Solar Sharer Offer (SSO) and Default Market Offer (DMO) review outcome on energy sellers
In this guest-authored article, Connor James explains the upcoming changes to the DMO, including the much publicised Solar Sharer Offer (SSO), and potential implications for energy sellers in NSW, SEQ, and SA.
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