I’ve included this as a separate article to make clear it does not relate to these cases of yo-yo Available Generation … but I did happen to notice it when flipping through bids in relation to Instance 03:
Interesting choice of rebid with the market under Administered Pricing in the QLD region … shifting 243MW from –$1000 to the $15,100Market Price Cap in the 22:50 dispatch interval.
Will need to think about the reasoning for this…or perhaps someone with more time can fill us all in?
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.
It’s now seven months since the SCADA outage on Sunday 24th January 2021 – and we’re finally able to complete and publish this (quite long) article exploring some of the implications for units on the LHS of the ‘Q>>NIL_CLWU_RGLC’ constraint equation
It was too tempting to take some time today to look back on the first fully 5-minute bids from Friday 1st October (the start of Five Minute Settlement) to see how much has changed.
A feature of the upcoming EMMS technical specification that distinguishes demand response units from scheduled loads could impact some users of NEM data, if left unmanaged.
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