RERT negotiations commenced in NSW by AEMO on Thursday 14th December 2023

To add to our coverage of high demand (and tight supply-demand) in NSW today – I have noted that in the last few minutes, at 15:29 (NEM time), the AEMO published market notice 112333 regarding an ‘Intention to commence RERT contract negotiations’ in the NSW region:

MARKET NOTICE 112333
________________________________________________________________________________________________

Notice ID 112333
Notice Type ID Reserve Contract / Direction / Instruction
Notice Type Description MARKET
Issue Date Thursday, December 14, 2023
External Reference INTENTION TO COMMENCE RERT CONTRACT NEGOTIATIONS
________________________________________________________________________________________________

AEMO ELECTRICITY MARKET NOTICE.
Reliability and Emergency Reserve Trader (RERT) Intention to negotiate for additional reserve – NSW1 Region- 14/12/2023

Refer to AEMO Electricity Market Notice no. 112328.
AEMO intends to commence negotiations with RERT Panel members for the provision of additional reserve by issuing requests for tender for the following period of time;
15:30 to 19:30 hrs 14/12/2023
If reserve is required, the period of activation or dispatch will be within this period but may not be for the entire period.
AEMO will issue a further advice if reserve is contracted.

Manager NEM Real Time Operations

Just this past hour, Paul noted that ‘Market Demand’ in the region had climbed to over 11,000MW with forecasts for evening demand to reach just south of 13,000MW. Temperatures in inner-city Sydney remain around 39° as at 4:30pm local time.

Source: Windy