I have to be out of the office for the rest of the afternoon so have made this post a little early, recording a higher demand day in Queensland with a snapshot from NEM-Watch:
So far today the highest the demand reached (when measured on a Dispatch Target basis) was 8,388MW (at 15:30), which is still short of the 8,943MW maximum recorded shown in the software
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.
Returning to the theme of analysis of Q2 prices (completed in 2017 and 2016 due to Q2 historically being an uneventful period) we see that prices have backed off from the “off the charts” level of 2017, but are still much higher in all regions than most other regions. In some cases results are second worst in 20 years.
A record of a hot day that drove NEM-Wide demand to the highest level it has achieved (thus far) this summer. See this in context of historical maximum levels.
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