The rule change is officially labelled as ‘temporary’ and has an end date of June 30th, 2025. During this period, it is expected that longer-term changes to the APC and associated mechanisms will be considered by the AEMC’s Reliability Panel.
Dan is a Market Analyst, who joined Global-Roam in June 2013.
He departed (and returned) for a couple of brief stints overseas, before rejoining the team permanently in late 2019. Alongside his work at Global-Roam, he has undertaken short-term contract roles as an analyst and researcher in various areas of the energy sector. Dan graduated from the Master of Sustainable Energy program at the University of Queensland in 2024.
Have already posted a few articles today, but will leave you with a question that one of our readers asked me earlier today… It’s quite a topical question: 1) with the Cumulative Price Threshold reached in the Victorian DWGM ……
On 24 November 2016 the AEMC made a final rule to create a new type of market participant (a ‘Market Ancillary Services Provider’ (MASP)) who can aggregate and offer Demand Response into the FCAS markets.
Thanks for covering this Dan. Just noting that the Reliability Panel has completed the 2022 Reliability Standard and Settings Review and recommended an APC of $500/MWh for the period 1 July 2025 to 30 June 2028 (along with recommended changes to the MPC and CPT).
The Reliability Panel will now need to submit a rule change request to the AEMC in order to implement the recommended changes to the settings. The AEMC would consider any proposed changes through the usual rule change process, allowing further opportunities for stakeholder input and consultation.
Thanks for covering this Dan. Just noting that the Reliability Panel has completed the 2022 Reliability Standard and Settings Review and recommended an APC of $500/MWh for the period 1 July 2025 to 30 June 2028 (along with recommended changes to the MPC and CPT).
The Reliability Panel will now need to submit a rule change request to the AEMC in order to implement the recommended changes to the settings. The AEMC would consider any proposed changes through the usual rule change process, allowing further opportunities for stakeholder input and consultation.
Thanks for the additional information Ryan