At 15:31 on Friday 3rd February the AEMO published Market Notice 105586 about RERT (Reserve Trader) being dispatched in the QLD region as follows:
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MARKET NOTICE
——————————————————————-From : AEMO
To : NEMITWEB1
Creation Date : 03/02/2023 15:31:38——————————————————————-
Notice ID : 105586
Notice Type ID : MARKET INTERVENTION
Notice Type Description : Reserve Contract / Direction / Instruction
Issue Date : 03/02/2023
External Reference : RERT DISPATCHED——————————————————————-
Reason :
AEMO ELECTRICITY MARKET NOTICE.
AEMO Intervention Event, Reliability and Emergency Reserve Trader (RERT) – QLD1 Region- 03/02/2023
Refer AEMO Electricity Market Notice no. 105556
AEMO has dispatched/activated reserve contract(s) to maintain the power system in a Reliable operating state.
The reserve contract(s) was dispatched/activated at 17:30 hrs 03/02/2023 and is forecast to apply until 20:30 hrs 03/02/2023
AEMO has implemented an AEMO intervention event for the duration the reserve contract(s) is dispatched/activated/
To facilitate the RERT process, constraints commencing with the following identifiers may be evident at various times in dispatch,#RT_QLD1
Manager NEM Real Time Operations
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END OF REPORT
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RERT used to cost less than $5 million per event but now it can be more than 10 times that for a single RERT event…. all ultimately paid for by consumers. This is all happening before the first coal generator retires in Queensland and BEFORE desalination becomes Southeast Queensland’s new source of drinking water. Imagine being dependent on desalination (liquid electricity) for your water supply. Probably why Dubai doesn’t run on solar!