This summer has already sprung many newsworthy events for the NEM including broader climate discussions with increased tightening of demand/supply balance. On Saturday 4 January, bushfires directly impacted the NEM. They triggered a series of supply disruptions resulting in power prices in NSW hitting value of lost load (VoLL).
In this Chart of the week, via a time-of-day analysis, we take a closer look at how the NSW supply/ demand stack evolved through this event which coincided with high demand levels.