New Years Eve 2010 has coincided with the arrival of hot weather across South Australia and Victoria, as shown in the following progression of images from NEM-Watch v8.
As can be seen in these images, demand remains very moderate across all regions, and hence NEM-wide (though with reference to this prior analysis, we can see that the demand experienced today is the highest that demand has been so far this summer).
At 06:15 (NEM time) this morning, we see very modest levels of demand and negative prices in South Australia as a result of (amongst other things) excessive wind generation.
As early as 09:05 NEM time, we see the temperature in Adelaide had risen above 30 degrees Celcius.
At 11:00, we see that temperatures had continued to climb (now 36 in Adelaide, and 31 in Melbourne). Demand and price remain very subdued.
By 14:20, we see that temperatures have climbed to be 42 degrees in Geelong whilst they have backed off slightly in Adelaide (with a slight rise in humidity). Prices have also started creeping upwards a little.
At 15:45 (shortly before this post was published) we see the temperature backing off further in Adelaide, and climbing in the east).
Despite the temperatures, NEM-wide demand has not risen above 29,000MW.
Entries continue to flow in for our semi-serious “Best Demand Forecaster in the NEM” competition. A quick look at some of these entries reveals that some, at least, expect the demand to rise considerably in the weeks ahead…