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.
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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.
NEM-wide ‘Market Demand’ is trending above forecast (to 15:45) – in part because of …
In this short article we include a single snapshot of ez2view at the 15:45 dispatch interval with three copies of the ‘Forecast Convergence’ widget to show actual levels of 'Market Demand' are running above...
‘Underlying Demand’ above 38,000MW … on Monday 16th December 2024
It might be useful for readers to reflect on the following snapshot from NEMwatch at the 14:00 dispatch interval (NEM time) to see Underlying Demand above 38,000MW.
Guest Authored Posts
Runway cost allocation – ready for liftoff?
Allan O'Neil unpacks a proposal under consideration by the AEMC to apply “runway” cost allocation to contingency FCAS, explaining how this could materially change who pays for frequency security in the NEM.
What the hail is happening with Brisbane’s weather?
Anthony Cornelius from WeatherWatch explains the climate drivers behind Southeast Queensland’s unusually intense 2025 hail season — context that matters for those tracking how extreme weather is evolving and influencing the energy market.
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