A tight supply/demand balance in NSW over the week (4th June to 8th June 2018) triggers various activity

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” .

 

 

 

New service (still under development) available at DemandResponse.com.au

We have been a keen supporter of different aspects of Demand Response in Australia’s national electricity market.  We have been, for instance, facilitating demand response for a number of large industrial energy users for more than a decade .

Over more than a decade, we have seen a steadily increasing awareness of the capacity of Demand Response to deliver significant value to the industry as a whole – whilst also providing a benefit to the particular energy user supplying the flexible consumption.

Years ago when we started this process, we found that the initial awareness was almost zero (and a reasonable amount of negativity in some quarters).  Hence we accepted, as part of our role, some responsibility for providing education about demand response – what it is, how it might work in the context of the NEM, and what the benefits would be.

We’ve not been the only ones involved in actively promoting the potential of demand response – there are a number of others that have made key contributions (which are referenced in the “Stakeholders” section of the site ** please let us know if we have missed others **).

The development of the site www.DemandResponse.com.au as another free service provided to electricity sector stakeholders, with the aim of making this particular aspect of complexity more understandable, was a logical extension of the time we have invested in education about Demand Response over the past decade and more….

We posted this article on the site on 1st July 2015 and have contacted many market stakeholders and observers, keenly seeking their input into making the site as effective as it can be in helping to make different methods of Demand Response as understandable by, and accessible to, a broad range of electricity users.

Customer uses “Power Supply Schematic” Market Map to see a clear picture of the structure of the electricity supply industry

Following a significant period of development work, we released updates to our popular Market Map™ wall charts late in 2011.

One of our happy customers let us know the following:

“I have received the Power Supply Schematic and it now take pride of place on my office wall. Please convey my congratulations to the whole team for an excellent portrayal of an extremely complex issue….”

Brian Green – Energy & Regulator Reporting Manager, Australian Paper

2011

The electricity market is a complex place. For the people operating within the market it’s hard enough – let alone having to explain it to others.  Our Market Maps™ make that task much easier, as this client has testified.

AGL manager compliments Global-Roam service

A business development manager from AGL Energy has praised the service of the Global-Roam staff after they were able to provide “a lightning quick response” and fix to an issue.

“Fixed – and, as usual, a lightning quick response”

Angelo Russo – Business Development Manager, AGL Energy

15th of January 2008