Market analysis of 24 May 2024
Wind generators delivered 29.53 GWh on 24 May 2024 and solar generators delivered 28.19 GWh, a combined 57.72 GWh across Australia’s five eastern and southern market regions. In Network Map’s daily unit records for 1 May to 31 May 2024, that was the 26th-highest daily wind total of 31 dates and the 29th-highest combined wind and solar day.
Wind output averaged 61.10 GWh a day over the same dates, so 24 May ran 51.7% below the period mean. Hydro added 41.66 GWh, while black and brown coal units supplied 227.23 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 May to 31 May. Wind was the larger of the two on 24 May, at 1.05 times the solar total.
Where The Energy Came From
Queensland supplied the largest regional share of wind and solar energy, 21.01 GWh or 36.7% of the day’s total. New South Wales followed with 17.05 GWh, and South Australia contributed 8.34 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 24 May 2024, grouped by source fuel classification and region. Daily totals are summed across all classified units.
