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Market analysis of 9 April 2023

Regional demand in New South Wales peaked at 7,854.36 MW at 18:30 on 9 April 2023. The day’s lowest observation was 3,957.32 MW at 12:50, so demand moved by 3,897.04 MW from trough to peak.

At the demand peak the wholesale price was AUD 97.47/MWh. The day’s highest price, AUD 140.00/MWh, came at 17:30, and the daily price average was AUD 22.08/MWh.

The Demand Profile Through The Day

The first chart traces five-minute demand and dispatchable generation in New South Wales, in fixed UTC+10. The gap between the two lines reflects the region’s net interchange with its neighbours across the day.

New South Wales Demand And Generation — 9 April 2023; 2023-04-09 | Five-Minute Observations | UTC+10
Regional demand and dispatchable generation in New South Wales on 2023-04-09. Source: Network Map; MW, fixed UTC+10.

How The Five Regions Compared

The second chart compares each region’s peak demand for 9 April 2023. New South Wales’s peak of 7,854 MW compares with Queensland 7,073 MW, Victoria 5,434 MW, South Australia 1,493 MW, Tasmania 1,324 MW.

Peak Demand By Region On 9 April — 9 April 2023; 2023-04-09 | Highest Five-Minute Demand | MW
Peak regional demand by region on 2023-04-09. Source: Network Map; MW.

What The Day Means For Operations

For a battery operator, the question is where charging and discharging belonged within this curve. For a generator or retailer, the same timestamps show which intervals carried the most value or cost. Reviewing the day interval by interval keeps these signals visible where a daily average would hide them.

This analysis uses Network Map’s regional observations dated 9 April 2023. Prices are in Australian dollars per megawatt-hour, times use fixed UTC+10, and daily averages give equal weight to each five-minute observation.

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