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Market analysis of 14 December 2023

Wind generators delivered 85.43 GWh on 14 December 2023 and solar generators delivered 51.73 GWh, a combined 137.16 GWh across Australia’s five eastern and southern market regions. In Network Map’s daily unit records for 1 December to 31 December 2023, that was the 7th-highest daily wind total of 31 dates and the 5th-highest combined wind and solar day.

Wind output averaged 68.98 GWh a day over the same dates, so 14 December ran 23.8% above the period mean. Hydro added 32.28 GWh, while black and brown coal units supplied 184.34 GWh.

The Daily Pattern Through The Month

The first chart places the event day in its monthly context. It shows daily wind and solar energy for each date from 1 December to 31 December. Wind was the larger of the two on 14 December, at 1.65 times the solar total.

Wind And Solar Through December — 14 December 2023; 1 December to 31 December 2023 | Daily Generator Energy | GWh
Daily wind and solar energy, 1 December to 31 December 2023. Source: Network Map; GWh.

Where The Energy Came From

New South Wales supplied the largest regional share of wind and solar energy, 43.29 GWh or 31.7% of the day’s total. Victoria followed with 32.59 GWh, and Queensland contributed 31.35 GWh.

Wind And Solar By Region On 14 December — 14 December 2023; 14 December 2023 | Energy By Region | GWh
Wind and solar energy by region on 14 December 2023. Source: Network Map; GWh.

Reading The Day For Asset Performance

A high-output day is a useful benchmark for comparing a single wind or solar unit with its fuel group and its region. The next step is to match each unit’s interval output with the prices that applied when the energy was delivered, which turns the volume result into a revenue view.

Figures use positive energy from Network Map’s daily unit records for 14 December 2023, grouped by source fuel classification and region. Daily totals are summed across all classified units.

Explore The Data

Markets, Revenue Reconciliation, Curtailment By Cause.

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