Market analysis of 6 January 2024
Regional demand in South Australia peaked at 1,712.20 MW at 18:55 on 6 January 2024. The day’s lowest observation was 882.20 MW at 16:30, so demand moved by 830.00 MW from trough to peak.
At the demand peak the wholesale price was AUD 144.22/MWh. The day’s highest price, AUD 560.98/MWh, came at 08:35, and the daily price average was AUD 77.40/MWh.
The Demand Profile Through The Day
The first chart traces five-minute demand and dispatchable generation in South Australia, in fixed UTC+10. The gap between the two lines reflects the region’s net interchange with its neighbours across the day.
How The Five Regions Compared
The second chart compares each region’s peak demand for 6 January 2024. South Australia’s peak of 1,712 MW compares with New South Wales 7,948 MW, Queensland 7,711 MW, Victoria 6,259 MW, Tasmania 1,150 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 6 January 2024. Prices are in Australian dollars per megawatt-hour, times use fixed UTC+10, and daily averages give equal weight to each five-minute observation.
Explore The Data
Markets, Revenue Reconciliation, Battery Revenue Benchmarks.
