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Market analysis of 16 April 2024

Wind generators delivered 28.27 GWh on 16 April 2024 and solar generators delivered 39.13 GWh, a combined 67.40 GWh across Australia’s five eastern and southern market regions. In Network Map’s daily unit records for 1 April to 30 April 2024, that was the 27th-highest daily wind total of 30 dates and the 27th-highest combined wind and solar day.

Wind output averaged 56.72 GWh a day over the same dates, so 16 April ran 50.2% below the period mean. Hydro added 44.97 GWh, while black and brown coal units supplied 189.44 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 April to 30 April. Solar was the larger of the two on 16 April, at 1.38 times the wind total.

Wind And Solar Through April — 16 April 2024; 1 April to 30 April 2024 | Daily Generator Energy | GWh
Daily wind and solar energy, 1 April to 30 April 2024. Source: Network Map; GWh.

Where The Energy Came From

Queensland supplied the largest regional share of wind and solar energy, 25.81 GWh or 38.7% of the day’s total. New South Wales followed with 17.33 GWh, and South Australia contributed 13.43 GWh.

Wind And Solar By Region On 16 April — 16 April 2024; 16 April 2024 | Energy By Region | GWh
Wind and solar energy by region on 16 April 2024. 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 16 April 2024, 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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