Pricing and dispatch during market suspension
Marcelle explores how settlement prices are set and how dispatch is operating during the current market suspension.
AEMO Direction/Intervention
Two articles on LinkedIn that might be useful reading contrasting the two different Compensation Processes (i.e. AEMO Directions and AEMC APC)
Despite it being overtaken by today’s Market Suspension, with its own compensation arrangements – still might be useful for readers to be aware of these two sources of discussion about the two different sources of compensation that seemed to be at play for a few days under Administered Price Caps (APC) following Cumulative Price Threshold (CPT) being reached.
Steps taken by AEMO, so we could (hopefully!) dodge the LOR3 bullet this evening
Copying in this quick update from the AEMO.
The vast disconnect between prices DUIDs say they need to run, and market capped prices
Two copies of the ‘NEM Prices’ widget in ez2view highlights a disconnect.
AEMO to trigger Reserve Trader (RERT)
AEMO may well trigger Reserve Trader
A quick review of yo-yo instance number 2 (pre 22:00 on Sunday 12th June 2022)
A short review of what we named ‘Instance #2’ in the yo-yo-ing of Available Generation after Administered Prices came into effect.
The yo-yo cases of Available Generation in the QLD region through Sunday 12th June and Monday 13th June 2022
A quick tabular list of the 7 cases overnight where QLD saw ‘Actual LOR2’ and/or yo-yo Available Generation
For the 3rd time this evening … QLD at an ‘Actual LOR2’ warning level
Available Generation in QLD has been quite the see-saw following the imposition of Administered Pricing on Sunday evening, 12th June 2022. This is the 3rd occasion this evening we see ‘Actual LOR2’ warning.
AEMO publishes report on RERT contracted on 1st and 2nd February 2022
In addition to this AEMC Rule Determination, I also noted that AEMO published this ‘RERT Contracted Report for 1st and 2nd February 2022’ back on 2nd March 2022: It’s a short 2-page report that: 1) Provides a list of a…
AEMC Rule Determination on ‘Enhancing operational resilience in relation to indistinct events’
Catching up on recent developments, this AEMC Rule Determination (enabling AEMO to deal with ‘indistinct events’) caught my eye.
We dodged a bullet today in QLD (Tue 1st Feb 2022) … but there’s new challenges to confront tomorrow (Wed 2nd Feb 2022)
A quick look back at today (Tue 1st Feb) and look forward at tomorrow (Wed 2nd Feb).
It’s all happening – Intervention, Directions, Reserve Trader, etc…
Here’s just a couple of the strange things that are going on in the NEM this afternoon … particularly in QLD and NSW
Down 55% – but not out
Over 2,000 MW – or around 55% – of South Australia’s firm supply capacity was unavailable last Friday evening (March 12, 2021), along with virtually all of its large-scale renewable supply (a further 1,800 MW or so) but the lights…
New Sources of Strength
Guest author Allan O’Neil puts together an in-depth explainer about system strength and looks at the current approach to system strength management in South Australia, its impacts and the imminent installation of synchronous condensers on the SA grid.
3rd Case Study – Tailem Bend Solar Farm in SA Region on Wednesday 6th November 2019
Third case study in a growing series – on this occasion looking at the (extreme – and possibly excessive?) lengths taken by Tailem Bend Solar Farm to avoid being dispatched at times of negative spot prices in South Australia. This analysis is specifically focused on Wednesday 6th November 2019.
More about wind output and AEMO’s intervention in South Australia 25-26 April
A closer look at AEMO’s actions during a period of high windfarm output in SA last week