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Market analysis of 17 June 2024

Wind generators delivered 42.56 GWh on 17 June 2024 and solar generators delivered 36.97 GWh, a combined 79.53 GWh across Australia’s five eastern and southern market regions. In Network Map’s daily unit records for 1 June to 30 June 2024, that was the 20th-highest daily wind total of 30 dates and the 17th-highest combined wind and solar day.

Wind output averaged 59.22 GWh a day over the same dates, so 17 June ran 28.1% below the period mean. Hydro added 40.25 GWh, while black and brown coal units supplied 218.82 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 June to 30 June. Wind was the larger of the two on 17 June, at 1.15 times the solar total.

Wind And Solar Through June — 17 June 2024; 1 June to 30 June 2024 | Daily Generator Energy | GWh
Daily wind and solar energy, 1 June to 30 June 2024. Source: Network Map; GWh.

Where The Energy Came From

Queensland supplied the largest regional share of wind and solar energy, 27.60 GWh or 34.7% of the day’s total. New South Wales followed with 24.69 GWh, and Victoria contributed 18.47 GWh.

Wind And Solar By Region On 17 June — 17 June 2024; 17 June 2024 | Energy By Region | GWh
Wind and solar energy by region on 17 June 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 17 June 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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