AEMO downgrades electricity demand, again

Further downward revisions to electricity demand – including peak reductions – may darken the mood of incumbent electricity generators, but it's great news for emissions.

The Australian Energy Market Operator has released updated forecasts of electricity demand, downgrading both annual and peak demand across the NEM. This comes on top of slashing demand forecasts in the prior year. 

This big shock to the electricity market is illustrated below in our charts of the week.

Total annual electricity consumption

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