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.
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Locations of last week’s CIS winners vs known areas of congestion
After a suggestion from a reader, Dan plots the locations of the 19 winning CIS projects announced last week against economic and network curtailment data.
Price start to climb in (QLD and) NSW on Tuesday 17th December 2024
A 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.
Victoria soared to 47°C yesterday, for first time since Black Summer
Weatherzone's Ant Sharwood shares insights into yesterday's extreme temperatures in Victoria.
Putting Victoria’s high demand levels (on Monday 16th December 2024) in longer-term context
Electricity Demand in Victoria on Monday 16th December 2024 reached quite high levels … but they were not ‘all time maximum’ (i.e if looking at 'Market Demand' or 'Grid Demand').
Very fast FCAS, 2024 in review
A 2024 review of the trend in the very fast FCAS services captures enablements, availabilities and costs.
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,...
NEM-wide ‘Market Demand’ peaks at 33,674MW at 17:30 on Monday 16th December 2024
A short after-the-fact note to confirm NEM-wide ‘Market Demand’ was (as predicted) highest since 31st January 2020 (almost 4 years ago) ... in a case where AEMO Operational Forecasting team nailed the demand in...
NEM-wide market demand indeed peaks at a four-year high on Monday afternoon, 16th Dec 2024
NEM-wide market demand peaked at a four-year high on Monday afternoon, landing at 33,674 MW during the 17:30 dispatch interval.
Many DUIDs (esp Western VIC and Western NSW) subject to bound constraints, at 16:20 on Monday 16th December 2024
Here's a single snapshot from ez2view at the 16:15 dispatch interval to illustrate widespread constraint limitations in western NSW and western VIC.
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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