On Tuesday 21st December 2021 the AER requested the AEMC to consider changing the prescriptive requirements in the Rules for the AER to analyse particular types of market outcomes in particular ways, and instead provide the AER more flexibility in what its analysis covers.
Same day as we released GenInsights21, the AEMO published its High Level Design on how they will implement the AEMC Rule Change determination on Integrating Energy Storage Systems (IESS) into the NEM. Here’s the key dates.
Earlier today, the AEMC released a final determination on a market rule change regarding the registration and participation of storage systems in the NEM.
Some of our readers might be able to help us answer this question …
The AEMC recently published a draft determination on Primary Frequency Response – proposing it remain mandatory, and to introduce big changes to the causer-pays process, including payments for good performance.
It’s quite early Friday morning, 1st October 2021 … and Five Minute Settlement has commenced. Here’s a *very* early initial look.
Sharing the AEMO’s email this morning alerting the market to the ‘full speed ahead to 5MS’ notice.
A brief weekend note about two initiatives commenced by AEMC on Thursday 19th August 2021 – both related to transmission development.
Coincident with the AEMC’s Final Determination yesterday (Thu 15th July) on FFR, there was also the Draft Determination published on Energy Storage Systems. Here are some (very) early thoughts…
A quick note following AEMC publication of final determination on Fast Frequency Response (FFR).
Last week, the AEMO submitted a rule change request to the AEMC for a redevelopment of the ST PASA process (and data sets published – to facilitate what would be a great increase in market transparency).
On Thursday last week the AEMC published a Draft Determination in response to an application by AEC to combat one form of ‘Villain #8’ in relation to Registration of generators under the mandatory 30MW registration threshold.
Following Saturday’s review of changed expectations for Callide Power Station and Yallourn Power Station, I took a look at aggregate expectation by fuel type. Here’s a belated article with the results.
In this article we discuss the 1st of 3 Potential Tripwires that wholesale market participants and others will encounter from October 2021 … with Tripwire #1 coming from the implementation of Five Minute Settlement.
A short article, flagging three potential tripwires we’d like to ensure NEM participants and other stakeholders are aware of in the lead-up to two significant market changes from October 2021.
A quick synopsis of some market reforms at the AEMC relating to system frequency.
Just under 3 weeks ago (on 22nd April 2021) the AEMC published a draft determination that would establish ‘Fast Frequency Response’ as an additional (i.e. 9th and 10th) FCAS service in the NEM. We take a brief look.
A quick note to alert our readers that the ESB has published an Options Paper today on the post 2025 Market Design (with submissions due Wed 9th June 2021).
This morning the AEMC has published its final rule focused on clarifying how Semi-Scheduled generators should follow dispatch targets – including in dispatch intervals where prices are negative, and some had been unexpectedly switching off.
A recent development over in the WEM (paying energy users to consume, when there’s too much solar and wind) highlights the lack of foresight in the NEM … where we’ve implemented a significant reform (yet to start) that will do nothing to address negative prices.