AEMO to trigger Reserve Trader (RERT)

No surprise, given everything that is going on and this prognosis, to see the AEMO note this:

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MARKET NOTICE
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From : AEMO
To : NEMITWEB1
Creation Date : 13/06/2022 13:53:54

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Notice ID : 97083
Notice Type ID : MARKET INTERVENTION
Notice Type Description : Reserve Contract / Direction / Instruction
Issue Date : 13/06/2022
External Reference : INTENTION TO IMPLEMENT an AEMO INTERVENTION EVENT WITH RERT

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Reason :

AEMO ELECTRICITY MARKET NOTICE.

AEMO Intervention Event, Reliability and Emergency Reserve Trader (RERT) – QLD1 Region – 13/06/2022

Refer to AEMO Electricity Market Notice no. 97080.
AEMO has entered into a reserve contract and may implement a AEMO Intervention Event by dispatching that reserve contract to maintain the power system in a Reliable operating state during the following period of time;
17:30 to 21:00 hrs 13/06/2022
If reserve is required, the period of activation or dispatch will be within this period, but may not be for all the entire period.
AEMO will issue a further advice if the reserve contract is dispatched/activated.

Manager NEM Real Time Operations

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END OF REPORT
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Given the size of the possible load shedding under LOR3, I’m surprised that it’s only one reserve contract (though others may be in the works).


About the Author

Paul McArdle
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.

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