10am 26 May 2021
AEMO media statement – forecast LOR1
AEMO has issued a forecast LOR1 condition in Queensland from 5pm to 7:30pm today, with more than 793 megawatts of reserves available at that time. This is a forecast only at this stage and may not materialise.
At this level (LOR1), there is no immediate impact to power system security or reliability. However, AEMO continues to monitor the situation following the loss of generation units at the Callide C Power Station in Central Queensland yesterday afternoon.
LOR1 market notice signals a reduction in pre-determined electricity reserve levels, encouraging generators to offer more supply, or large industrial or commercial consumers to reduce their demand.
Last night, AEMO confirmed that through a combination of maximising interconnector flows from New South Wales into Queensland, a number of generators returning to service and Queenslanders reducing their electricity consumption, the LOR conditions were cleared.
Significant collaboration across the energy sector, assisted by consumers, avoided further disruption to Queensland homes and businesses.
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AEMO is responsible for operating Australia’s largest gas and electricity markets and power systems, including the National Electricity Market and interconnected power system in Australia’s eastern and south-eastern seaboard, and the Wholesale Electricity Market and power system in Western Australia.
AEMO also operates the Victorian Declared Wholesale Gas Market and the Victorian gas transmission system; the wholesale gas Short Term Trading Market hubs in Adelaide, Sydney and Brisbane; the Wallumbilla Gas Supply Hub in Queensland; and the Moomba Gas Supply Hub in South Australia.
As Australia’s independent energy markets and power systems operator, AEMO provides critical planning, forecasting and power systems security advice and services to deliver energy security for all Australians. For more information, head to www.aemo.com.au.