So it was no surprise to see AEMO published a tender for ‘Interim Reliability Reserves’ (a form of ‘Reserve Trader’) on the same day … and updates such as Ben Macey’s on LinkedIn here:
There’s more information on that page, but the key point is … The Tender for Interim Reliability Reserves – 2024/25 is open until Friday 19th July 2024 (note this was corrected – originally showed 1st July in some AEMO documentation).
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.
On Friday morning 29th July 2022 the AEMO is releasing its ‘Quarterly Energy Dynamics’ for Q2 2022 – I’ve flipped through an embargoed copy and have highlighted here eight different factors flagged by AEMO that have each contributed to the extreme price outcomes seen through Q2 2022. There are probably others noted as well….
As at 13:45 on Friday 13th December, the peak demand (measured as ‘Market Demand’ ) forecast for Monday is 33,718MW in the half-hour ending 18:00 (NEM time). In the last 17 years there have been only 9 months seeing higher level of demand.
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