QLD Market Demand reaches 9,512MW on a hot Sunday afternoon–12th February 2023
A quick look at how Market Demand peaked on a hot Sunday afternoon/evening in QLD.
A quick look at how Market Demand peaked on a hot Sunday afternoon/evening in QLD.
Estimated RERT costs published, pushing past the market price cap for dispatched volumes.
News of the arrival of another high cost replacement component (generator stator) at Callide C4 prompts me to have an updated look … with a new feature in ez2view.
Prices have subsided somewhat at the time of publication, but here’s a record of some volatility earlier this evening in South Australia.
Dan Lee tracks the demand forecasts against the actual outcome in QLD last Friday afternoon. The final result was as much as ∼1,000MW lower than the maximum forecast of demand published by the AEMO, which alludes to the inherent difficulty of electricity market forecasting.
Nick Bartels of Greenview Strategic Consulting uses the price energy harvest metric from our GSD2022 data extract to examine the recent performance of each fuel type within the NEM.
Allan O’Neil provides an explainer about how small deviations in supply and demand are managed in the NEM, in order to help us understand the apparent swings in frequency that we noted in QLD last Friday.
David Leitch of ITK Services provides his top insights from the GSD2022, which he has used to look into generation mix, constraints and firming.
The forecast for Friday (3 February 2023) evening’s demand was that a new all-time maximum would occur and a lack of reserve was expected. To maintain the grid in a reliable operating state AEMO signaled to the market that the…
(Not even) close … but no cigar. Actual level of Market Demand in QLD for 17:30 is about 10% below what the most extreme forecast thought it might be.
Today (Fri 3rd February 2023) is an illustration of the inherent difficulties in ‘successfully’ forecasting electricity demand!
Second price spike in QLD today above $1,000/MWh … with more to continue?
With demand beginning to rise sharply output at Queensland’s four wind farms has been muted so far this afternoon.
The rain and cloud cover is delivering (amongst other things) a faster-than-expected drop in aggregate solar production in QLD.
The RERT has been dispatched for 5:30PM this afternoon in Queensland
QLD may be down 200MW of available generation with record demand currently being forecast for late this afternoon.
Another article today presenting 12 hours of history of System Frequency (to ~14:00 on Friday 3rd February 2023) with a few questions added. Comments welcome!
An AEMO market notice from yesterday afternoon declares that an extra 50MW has been made available on the QNI interconnector.
AEMO starts the Reserve Trader process for the QLD region this evening (Fri 3rd Feb 2023).
A quick article for Friday (3rd Feb 2023) morning, looking ahead to this evening and what AEMO’s current forecasts are saying for this evening.