Taking a brief (well, actually longer than intended) look into the various factors that delivered a price spike above $10,000/MWh on Thursday 31st January in NSW – and thinking through the implications for one particular Demand Response client, and for the broader market.
AEMO’s demand forecasts for Saturday 6th January 2017 were about 500MW below what the mark turned out to be. It appears that this is due (at least in part) due to difficulties in forecasting intermittent generation which acts to reduce “Scheduled Demand”.
Demand in Victoria peaked lower than forecast today, but demand forecasts for NSW tomorrow are continuing to climb.
Last Friday’s events took South Australia much closer to the brink of another Black System event than many seem to have realised
We are only in the second week of summer 2015-16, and demand in Queensland has already begun to heat up, hitting 8507MW at 3:05pm this afternoon after another hot and humid day across the sunshine state.
With a Beefeater 5 Burner BBQ on the line , along with a host of other prizes, interested participants of our annual demand forecast competition (entries now closed 🙁 ) would have been keeping a keen eye on demand during the week.
With high temperatures forecast for South-East Queensland later this week, we take a look at what’s forecast in terms of demand.
What do the forecasts received for peak NSW demand this summer tell us about the various debates currently underway in terms of network regulation and industry transformation?
Some analysis of how demand in Victoria has trended over 16 years – at least in part to help competition entrants provide their forecasts of what they think the peak Victorian regional demand will be for summer 2014-15
A few quick pointers (on New Year’s Eve) about where peak demand might land this summer in Tasmania – so you have a chance at winning Competition #6
Second article by Paul Taliangis (of Core Energy) looking at some of the broader changes at work in the NEM.
Here’s our regular, annual and popular call-to-calculators for all those who’ve drawn the short straw and have to work on through the Christmas -to- New Year this summer season. Turn the tables on those off enjoying some summer sun, or skiing way up north by getting your entry in – with a chance to be anointed “Best Demand Forecaster in the NEM” and celebrate with your own new BBQ (or some other new prizes).
Further analysis of the way that electricity demand patterns (NEM-wide) are changing in Australia’s National Electricity Market
Some analysis of entries received in our “Who’d the Best Demand Forecaster in the NEM” competition for summer 2010-11
A listing of some drivers for higher (and, in some cases, lower) prices in the wholesale spot component of the NEM.
Some further analysis of the MT PASA and ST PASA forecasts for other regions of the NEM (SA, TAS, NSW and QLD) for the day of 29th January 2009 – when a new record NEM-wide demand was established.
A quick look at how useful NEMMCO’s PASA forecasts were, prior to the record levels of demand seen across the NEM on Thursday 29th January 2009
A look at who won our competition for winter 2009 – and proved themselves to be the “Best Demand Forecaster in the NEM”!
Some initial, scattered, thoughts (late on the day of its launch) about the AEMO’s first production of the Electricity Statement of Opportunities for 2009
We saw a massive new peak for NEM-Wide demand set on 29th January 2009, which surprised many (including us).
We return to that data and, by comparing with the previous 10 summers, see whether it should have been entirely unexpected.