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Market analysis of 1 November 2024

Wind generators delivered 53.53 GWh on 1 November 2024 and solar generators delivered 56.02 GWh, a combined 109.55 GWh across Australia’s five eastern and southern market regions. In Network Map’s daily unit records for 1 November to 30 November 2024, that was the 18th-highest daily wind total of 30 dates and the 13th-highest combined wind and solar day.

Wind output averaged 63.08 GWh a day over the same dates, so 1 November ran 15.1% below the period mean. Hydro added 33.15 GWh, while black and brown coal units supplied 104.11 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 November to 30 November. Solar was the larger of the two on 1 November, at 1.05 times the wind total.

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

Where The Energy Came From

New South Wales supplied the largest regional share of wind and solar energy, 36.04 GWh or 32.9% of the day’s total. Queensland followed with 27.90 GWh, and Victoria contributed 25.21 GWh.

Wind And Solar By Region On 1 November — 1 November 2024; 1 November 2024 | Energy By Region | GWh
Wind and solar energy by region on 1 November 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 1 November 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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