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?
One of three founders of Global-Roam back in 2000, Paul has been CEO of the company since that time.
As an author on WattClarity, Paul's focus has been to help make the electricity market more understandable.
Very Fast FCAS, because it operates at a faster timescale, can arrest the rise or fall in frequency more rapidly than the current fast service and therefore provides an avenue to mitigate the costs of needing to procure increasing levels of the existing fast service. The markets (raise and lower) are going live on 9 October 2023.
In GenInsights Quarterly Update for Q3 2022 we included an Appendix exploring what we could observe ‘One Year on from Five Minute Settlement’. In this article we share a small slice of what we learnt…
The recently announced ‘Nelson Review’ has opened the initial consultation process from today. Submissions will be open until the 14th of February 2025.
In this article we delve in deeper on Thu 30th Jan and Fri 31st Jan 2020 … two days that saw extreme levels of ‘Aggregate Scheduled Target’ (i.e. AggSchedTarget – a requirement for firming capacity). A timely review, given two developments arriving tomorrow (on Thursday 31st August 2023).
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