In our ‘eLibrary’ archive we came across a number of old documents, including this one from 21st February 2003 as a final report on considerations NEMMCO had made about how to resolve the ‘5/30 issue’ that was acknowledged way back then… and indeed even before the start of the market:
Only a 37 page final report … perhaps we could note that, when everything was printed, everything was shorter?
Paul was one of the founders of Global-Roam in February 2000. He is currently the CEO of the company and the principal author of WattClarity. Writing for WattClarity has become a natural extension of his work in understanding the electricity market, enabling him to lead the team in developing better software for clients.
Before co-founding the company, Paul worked as a Mechanical Engineer for the Queensland Electricity Commission in the early 1990s. He also gained international experience in Japan, the United States, Canada, the UK, and Argentina as part of his ES Cornwall Memorial Scholarship.
Cast your mind back 15 years to 2016. You probably don’t remember this, but 15 years ago people still debated whether the growth of distributed energy would fundamentally transform the Australian electricity system.
A starting list of factors that I’d look further into, if I was sucked into the “rabbit hole” of assessing all of the contributing factors leading to the Remarkable Prices seen in Q2 2016 – and which could continue into the future.
30-minute pre-dispatch provides critical forward price information to the NEM – but what exactly will it mean after five-minute settlement? Marcelle takes a look.
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