Australian Chart of the week | Examining Victoria’s recent wind drought

This ‘Chart of the week’ examines the recent spell of low wind generation in Victoria and associated elevated prices.

Previously, ‘Chart of the week’ issue 78 highlights the risk of wind droughts within the National Electricity Market (NEM) due to the high correlation of wind fronts both within states and in neighbouring jurisdictions. Victoria is identified as most vulnerable due to its low insolation levels, high degree of correlation of wind and relatively high demand. In addition, with the current high utilisation of gas for heating, any push towards electrification of appliances would further increase demand for electricity during the winter months.

Sandy Starkey

Sandy Starkey

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