Over the prior week (Monday 4th June to Friday 8th June 2018), the NSW region – and, to a lesser extent, the broader NEM – experienced a tight supply/demand balance.
In response to what was happening during the week, we saw a range of activity ourselves, including:
(1) One-on-one questions with clients
Our prime focus is (and always has been) on continually enhancing how we serve our diverse and growing range of clients, who use our software (and other products) to help them understand what’s going on in the energy market.
Given that the events of that week were so complex (and coincidentally that I had pre-arranged commitments in NSW with a number of clients & others) it was not really a surprise that we fielded a number of questions (some described here) about what was going on. We appreciate these questions – as they stretch our capability to understand, and explain clearly, complex events such as what happened last week.
(2) On social media
On the evening of Thursday 7th June, I had a brief amount of time to post this snapshot of the NEM from NEM-Watch v10 on social media (LinkedIn, and Twitter) – which led to some discussions on social media, and elsewhere:
Over the weekend that followed, I was able to grab a few hours to take a more measured look at what had occurred through the week, as a result of which I could post the article “Recapping a shaky week for the supply-demand balance in the NSW region last week” on WattClarity on Monday 11th June.
(3) In the traditional media
As a result of all of the above, and what we have done in the past, it was also not really a surprise to find ourselves referenced and quoted in the more traditional media over that week, and in the discussion that followed. Here are some of the references we noted:
Saturday 9th June
As noted on the NEMwatch portal, we found our (RenewEconomy-sponsored) NEMwatch Live Supply & Demand widget referenced in the Newcastle Herald.
Journalist Andrew White from the Australian asked our CEO (Paul McArdle) a few questions before publishing an article on Saturday 9th June “Outages see power prices hit the roof” – including this paragraph:
The founder of Global-Roam consultancy Paul McArdle said only 6000MW of NSW coal capacity was available yesterday, which was an improvement on Thursday, but about 2000MW less than at the same time last week.
(though note that we’re a software company, not a consultancy)
Interested readers can see the chart (generated with our NEMreview v7 historical analysis tool) provided to Andrew on Friday 8th June here:
Mon 11th June
Drawing on the more detailed analysis published on Wattclarity on Monday morning, Andrew White from the Australian was able to publish an article on Monday 11th June “Paul McArdle of WattClarity: NSW power outages ‘threat to industry’” .
Tue 12th June
On Tuesday, Ben Potter from the AFR included some references to the WattClarity article in his article “Big power resists AEMO ‘strategic reserve’ push after NSW squeeze” .
Wed 13th June
After we’d both attended the launch of the Victorian Energy Policy Center in Melbourne on Wednesday 13th June, Ben Potter from the AFR also included reference to the WattClarity review of the prior week in his article “Energy expert to Tomago Aluminium: Buy cheap wind and solar power” .