Rod Myer from The Age has sought insights from Global-Roam to help explain the fragility of Australia’s power supplies after electricity prices in New South Wales and Queensland spiked to nearly the limit – $10,000 per megawatt hour. In his article, he refers to Global-Roam to explain the reason for the supply shortage:
Generation cuts in very hot conditions led to record demand levels for the second day in a row.
So dire was the situation in NSW that in mid-afternoon generation output, at just over 10,000 megawatts, was over 200 megawatts below demand.
The shortage appears to have been caused by plant failure and planned outages in NSW and Queensland. About 700 megawatts of production appeared to drop out in both states, according to information from power market software producer Global-Roam.