A tale of two mega-projects: Project Energy Connect and Snowy 2.0 timelines (Part 1)
A timeline of evolving expectations for the cost, benefits, and delivery dates for Project Energy Connect – following news of recent issues surrounding the project.
Australian Energy Regulator (AER)
AER Wholesale Markets Quarterly published for 2024 Q1 … first in the triptych
On Thu 18th April 2024 the AER released its review of 2024 Q1.
Pelican Point penalised $900,000 for breach on Wed 8th February 2017
Today (Wed 27th March 2024) the AER issues a Media Release about a $900,000 penalty to Pelican Point (owned by Engie) relating to breach of rules on 8th February 2017.
AER issues paper on Enhanced Wholesale Market Monitoring and Reporting Guideline
A short article following AER’s release of an Issues Paper relating to the (soon to be enacted) expansion of its Wholesale Market Monitoring and Reporting responsibilities for Electricity (and Gas).
The matter of Callide C back in Federal Court (this time via AER)
Callide C3 is back in the news today, with Australian Energy Regulator taking legal action against Callide Power Trading in the Federal Court.
Generator Compliance Management – Is it the “monster under the bed”?
New guest author (Aditya Upadhye) posts some thoughts about Generator Compliance Management – especially in the light of AER’s stated priority of ‘improve market participants compliance with performance standards and standards for critical infrastructure’ in 2023-24.
AGL (Bayswater and Loy Yang A) fined for inability to supply FCAS services
An article in the Australian this morning alerted me to yesterday’s Federal Court ruling against AGL Energy for not supplying contingency FCAS services (from Bayswater and Loy Yang A) when enabled by NEMDE. Here’s a quick look…
On Thu 19th October, the AER published Quarterly Review for 2023 Q3
A short article on Saturday about an AER’s publication that was released in the past week … a review of 2023 Q3.
AER issues Infringement Notice to CS Energy relating to long-term operating Callide C without an exemption … including on 24th May 2021
AER announced today (and CS Energy confirmed) that a fine had been issued, and paid, for ‘allegedly operating a generating system without regulatory approval’ – with respect to the Callide C units on 24th May 2021 (i.e. the day before the explosion – but I believe unrelated to the explosion).
AER release ‘State of the Energy Market’ report for 2023
Today the Australian Energy Regulator released its annual ‘State of the Energy Market’ report that highlighted rising retail prices and a higher concentration of flexible generation asset ownership.
Federal Court finding relating to Pelican Point CCGT on 8th February 2017 … and upcoming market changes
Also in the news this week (a Federal Court judgement in relation to AER instituted proceedings against Engie in relation to Pelican Point from 8th Feb 2017) … which is coincidental with upcoming changes in the market for generator obligations.
AER writes ‘Stanwell fined for allegedly putting power system security and stability at risk’ … re May 2021 Callide Explosion
Also today, we saw an AER notice about fines paid by Stanwell Corporation related to what happened after Callide C4 exploded on 25th May 2021
AEMO’s QED for Q1 2023 + AER’s analogous report released
A short article to note that the AEMO released it’s QED for Q1 2023 this morning, and a list of the early media coverage.
AER published Wholesale Market Performance Report for 2022
Today (Thu 15th Dec) the AER published their Wholesale electricity market performance report 2022 – their third report in this series.
AER releases ‘June 2022 market events report’
Today (Thu 15th Dec 2022) the AER released its ‘June 2022: Market events investigation report’, which might be widely read.
Tag team releases today– ESB’s ‘Health of the NEM’ and AER’s ‘State of the Energy Market’
Two headline reports (one from the ESB, one from the AER) released today, so readers can consider them together.
AER identifies (at least) 9 discrete factors contributing to the extreme price outcomes (and other concerns) through Q2 2022
With the AER having released its ‘Wholesale Markets Quarterly’ for Q2 2022 yesterday, I skimmed and saw 9 discrete factors flagged … each of which contributed to the extreme (price and scarcity) outcomes seen through Q2 2022.
AER releases Wholesale Market Quarterly for Q2 2022
Yesterday (Tue 6th Sept 2022) the AER released its ‘Wholesale Markets Quarterly’ report for Q2 2022 – which, given the Energy Crisis that unfolded then, should prove interesting reading.
AER published ‘Semi-Scheduled Generator Compliance Bulletin and Checklist’
A short article about the AER’s publication (on 1st July 2022) of some updated information to help Semi-Scheduled generators understand their obligations.
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 of the Rules.