Early reprieve for NSW electricity supply from demand pressure
A demand decline in NSW supports the end to a RERT intervention in NSW on 27 November 2024.
A demand decline in NSW supports the end to a RERT intervention in NSW on 27 November 2024.
RERT has been triggered in NSW on 27 November 2024.
A quick look at our generator outages widget from ez2view, to see which units are still offline as of 3:30pm on Wednesday 27th November 2024.
The AEMO have published a third press release regarding low electricity reserves in NSW this afternoon – this time stating that the NSW Government is working to reduce electricity consumption within their agencies.
The Waratah BESS has receieved a direction to maintain a state of charge of 96MWh, not long after Wallgrove BESS received a similar instruction.
A short post to note that an actual LOR1 condition has eventuated in NSW, as per market notice 121089.
The Energy price in NSW has already spiked to up near the MPC of $17500 as early as 14:30 NEM time.
Ben Domensino of WeatherZone provides some context about the heatwave being experienced in NSW today.
Market notice 121067 indicates that the AEMO has directed Iberdrola’s Wallgrove BESS to maintain 59MWh of energy storage.
A forecast LOR3 for this afternoon reappeared in the P30 forecasts for four hours this morning, as demand forecasts for the region jumped by approximately 200MW.
Market notice 121038 has appeared this morning, showing that the AEMO intends to commence RERT negotiations in NSW this afternoon.
A tight supply-demand balance in NSW didn’t produce quite as much energy price volatility as projected.
At 16:55 on 26th November 2024 AEMO advised three of four units at Uranquinty tripped, during a forecast LOR1 condition which then became an actual LOR1 condition.
The AEMO responds to media coverage warning of blackouts in NSW on Wednesday afternoon.
Chris Bowen this morning announced a new four-person independent panel, who will be given roughly 12 months to review and provide reform recommendations on “wholesale market settings”.
The outlook for load shedding in NSW on the 27th of November 2024 remains a possibility, yet recent STPASA runs indicate some movement in a positive direction is ocurring.
Given the tight supply-demand balance forecast for NSW and QLD this week, it’s worth revisiting the ‘Generator Outages’ widget in ez2view at 15:35 on Sunday 24th November 2024 to show what the current status is of generator outage plans
A very quick post to look at one of the several reasons we are seeing LOR3 and LOR2 forecasts for NSW and Queensland respectively next Wednesday (27 November). Previous posts from Paul (including this one) have looked at a range…
AEMO’s MN120879 rates special mention, given the size of largest load shedding forecast for NSW on Wednesday afternoon/evening is above 1,000MW.
The most recent ST PASA forecast now shows a sliver of forecast LOR3 (i.e. forecast Load Shedding) for the NSW region on Wed 27th Nov 2024