Australian Energy Market Commission (AEMC)

Two alternate theories of why capacity was withdrawn

Second (linked) article this evening, spelling out the two theories we’re aware of with respect to why some participants might have withdrawn capacity from the NEMDE dispatch/pricing run in June 2022 – leading to the AEMO Suspending the Market.

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.

FCAS goes from fast to very fast

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.

The rise of the ‘Negawatt Factory’?

My understanding is that the AEMC’s Final Rule relating to the push to implement a ‘Negawatt Dispatch Mechanism’ will be released in the morning. I wonder what the implications will actually turn out to be…

Let’s Talk Losses

Guest author, Tom Geiser, discusses the different approaches to loss factors amid recent market proposals.