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.
In this article we discuss the 1st of 3 Potential Tripwires that wholesale market participants and others will encounter from October 2021 … with Tripwire #1 coming from the implementation of Five Minute Settlement.
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).
On Thu 29th Feb 2024 (a day when NSW saw high demand, was stretched in terms of available capacity, and benefited from the electricity and other services provided by soon-to-close Eraring) the Dept of Energy in Canberra released a Design Paper on the expanded Capacity Investment Scheme. A very appropriate day for release …
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