AEMO to commence RERT negotiations in VIC

Posted by Paul McArdle Tuesday, February 13 2024 Topic: 2024-02-13 VIC 'Significant Power System Event'

The AEMO has published what appear (at quick scan) to be duplicate Market Notice 114602 and Market Notice 114603 … with the first one saying:

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MARKET NOTICE
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From :              AEMO
To   :              NEMITWEB1
Creation Date :     13/02/2024     14:18:20

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Notice ID               :         114602
Notice Type ID          :         MARKET INTERVENTION
Notice Type Description :         Reserve Contract / Direction / Instruction
Issue Date              :         13/02/2024
External Reference      :         INTENTION TO COMMENCE RERT CONTRACT NEGOTIATIONS

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Reason :

AEMO ELECTRICITY MARKET NOTICE.
Reliability and Emergency Reserve Trader (RERT) Intention to negotiate for additional reserve – VIC1 Region– 13/02/2024

Refer to AEMO Electricity Market Notice no. 114589.
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;
15:00 to 17:00 hrs 13/02/2024
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

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END OF REPORT
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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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