AEMC releases July 2024 working paper ‘Addressing the risk of algorithmic collusion’
Today we were alerted that the AEMC had belatedly published this 15-page Staff Working Paper titled ‘Addressing the risk of algorithmic collusion’.
Australian Energy Market Commission (AEMC)
AEMC Final Determination in ‘Integrating price-responsive resources into the NEM’
Another for your Xmas Reading List? This one from the AEMC, in publishing its Final Determination last Thursday 19th December 2024 for the ‘Integrating price-responsive resources into the NEM’.
Delta’s ‘relatively urgent’ Rule Change reverts to the (slower) ‘standard rules consultation process’ at the AEMC
Today the AEMC weekly email notes that: ‘We will use the standard rules consultation process to assess Delta Electricity’s proposal to allow cash as credit support. We received a valid objection to the proposed...
The *other* market change that went live today (Monday 9th October 2023)
A short note about the publication of a richer MT PASA DUID Availability data set in ez2view v9.8 - made possible as a result of the other change that goes live in the NEM...
AEMC proposes to progressively increase MPC to $22,800/MWh by 1 July 2027 (amongst other changes)
A short note about the AEMC's draft determination, published today.
AEMC published a Final Report as part of Stage 2 of the Transmission Planning and Investment Review
A short note about the AEMC's Transmission Planning and Investment Review - Stage 2 Final Report released last week, and submissions on Stage 3 Draft Report due this coming Thursday 3rd November.
AEMC published update on Compensation Claims under APC
On 4th July the AEMC published their second 'Notice of Receipt of Claims' with respect to compensation under the Administered Pricing period in June 2022.
Alinta Energy submits Rule Change temporarily request to raise the Administered Price Cap (from $300/MWh to $600/MWh)
A short article about the rule change proposed by Alinta Energy to raise the APC ... quite topical given Q2 2022.
Two alternate theories of why capacity was withdrawn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article this evening, spelling out the two theories we're aware of with respect to why some participants might have withdrawn capacity from the NEMDE dispatch/pricing run in June 2022 - leading to...
AEMC notice ‘Eligible participants have [until Wednesday 22nd June] to notify the AEMC of their intent to claim compensation’
An updated today from the AEMC about the compensation claims process under APC is worth sharing with Participants who read WattClarity.
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...
AEMO publishes ‘Declaration of Market Suspension’
AEMO has determined that it is necessary to suspend the spot market in all regions under NER clause 3.14.3(s)3) because it has become impossible to operate the spot market in accordance with the provisions...
AEMC publishes ‘How to lodge a claim for compensation’
Might be useful to some of our readers...
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.
AEMO says – all systems go, for Five Minute Settlement
Sharing the AEMO's email this morning alerting the market to the 'full speed ahead to 5MS' notice.
AEMC launches two related reviews into the framework for Transmission Development
A brief weekend note about two initiatives commenced by AEMC on Thursday 19th August 2021 - both related to transmission development.
AEMC published Draft Rule on Energy Storage Systems
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...
AEMC published Final Rule on Fast Frequency Response (FFR)
A quick note following AEMC publication of final determination on Fast Frequency Response (FFR).
Moving from mandatory PFR to an arrangement that’s more durable
A quick synopsis of some market reforms at the AEMC relating to system frequency.
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...