History of the NEM

OpenNem data now over 14 years (select All & Month – the Sine Wave links to States) salient points State by State.
NSW – demand has fallen since the GFC – always a big importer – exports are minor – solar and wind increasing over last ~5 years.
Qld – demand has risen since the GFC – always an exporter – imports are minor – solar increasing over last ~5 years – wind and hydro minor – big increase in gas 2010 to 2014 then gas tails off somewhat.
Vic – demand has fallen since the GFC – mostly a minor importer – exports mostly grew till early 2017 when Hazelwood closed leaving exports weak – solar and wind increasing over last ~7 years.
SA – demand near constant since GFC – imports increased as coal withered and gas decreased in runup to coal ending – exports mostly weak but increased after early 2017(Hazelwood closed) – solar and wind increasing over last ~11 years.
Tas – demand near constant since GFC – imports dominate over exports – exports increased 2010-2014 due to cashing in on the carbon tax – imports at an all-time peak just before Basslink broke Dec 2015 – gas & diesel held the fort until Basslink was repaired mid 2016 – export surge winter spring 2018 due wet spell – wind increasing over last ~9 years, solar minor. Curiously in view of the dominance of hydro Tas AEMO wholesale prices are up there with SA and Vic the highest price states so far in 2019.

One thought on “History of the NEM”

  1. Makes & shows the Lie of the full spectrum propaganda we call the MSM News & Current Affairs in every graph!

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