, 12 tweets, 5 min read Read on Twitter
just out: @AEMO_Media's quarterly energy dynamics — my favourite report.

a few observations:

SA set new all-time minimum *grid* demand: 599MW @ 1pm on 21 oct — primarily driven by increasing rooftop solar. (check out that emerging duck curve!)

aemo.com.au/-/media/Files/… #auspol
highest prices on record in each region (except TAS), on the back of lowest Q4 demand since 2012!

reasons:
• reduced gas generation availability
• high gas prices
• coal generation failures
• higher prices charged by hydro generators
black coal and gas set the price more often than gas and coal in every market compared with the previous quarter.

(few people understand that black coal *frequently* sets the energy price in SA, VIC and TAS, despite them having no *local* black coal generation.)
👀 the significant increase in renewable energy was accompanied by a significant reduction in gas usage — the lowest quarterly gas generation since 2006.

…and the *lowest* brown coal generation since the start of the NEM 21 years ago!
the reduction of gas generation has been caused by:
• increased renewable energy
• high gas prices
sudden unit trips of the coal fleet continued a seasonal pattern:
average solar PV generation at noon grew by just under 2GW (a trend which will not be welcomed by coal generations).
we're seeing significant growth in the contribution of large-scale _storage_ year on year.
we're enjoying modest but steady falls in emissions from electricity generation:
very significant (and expected) falls in large-scale renewable energy certificate (LGC) prices:
NSW remains the only significant net-importer of electricity in the national electricity target:
definitely worth a read of the latest QED report — hats off to @AEMO_Media for such an informative and timely report. 👏👏👏

aemo.com.au/-/media/Files/…
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to simon holmes à court
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!