"Utilities catch cold in warm winter"
7th September 2009
Clancy Yeates interviewed several Utilities Analysts at the major investment banks (some of whom are clients of ours) and made reference to some analysis performed with NEM-Review in this article:
In particular, Clancy notes how the NSW demand over winter 2009 was lower than was the case in previous years.
For further information, please see the following:
1) The following image, which has been generated in NEM-Review v6, sums up the situation. In particular, you can clearly see how the demand in June, July and August was each lower than 8 of 9 corresponding average demand values in the previous 3 years (2006, 2007 and 2008).
Click on the image for a better view
2) You might also have some interest in how the NEM-Wide demand unfolded over winter 2009 - and, in particular, what it meant for our market participants and observers who participated in our "Best Demand Forecaster in the NEM" competition
3) One possible cause of the reduced level of demand in the NEM over winter may have been the effect of the Global Financial Crisis - we performed some analysis of this possibility here.
