It’s very hot and humid today outside, when heading out for lunch as Monday’s heat has continued.
The following snapshot from NEM-Watch at 13:50 market time highlights how Queensland demand has climbed above 8,200MW and (if the AEMO’s predispatch forecast comes true*) will reach 8,443MW around 17:00
* one of the factors that might prevent the demand reaching this mark is if the storm activity (as noted in this tweet) arrives in the south-east earlier than that time:
One of three founders of Global-Roam back in 2000, Paul has been CEO of the company since that time.
As an author on WattClarity, Paul's focus has been to help make the electricity market more understandable.
Second day in a row the price spikes in the NSW region … higher and longer than yesterday. Low aggregate production from Wind and Large Solar across NSW today was clearly one other factor that contributed.
The day is not over yet, but we thought you would be interested in the attached snapshot highlighting the first of the occasions on the day when prices jumped to VOLL in SA and VIC as a result of searing temperatures stopping the tennis, and melting VIC and SA into new demand records for each region.
I’ve already noted about the appropriateness of holding the EUAA National Conference this week … with gas and electricity spot prices being elevated as they have been in recent times! This evening (Monday 9th May 2022) market volatility has put…
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