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…
Australian Energy Regulator (AER)
A short article on Saturday about an AER’s publication that was released in the past week … a review of 2023 Q3.
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).
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.
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.
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
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.
Today (Thu 15th Dec) the AER published their Wholesale electricity market performance report 2022 – their third report in this series.
Today (Thu 15th Dec 2022) the AER released its ‘June 2022: Market events investigation report’, which might be widely read.
Two headline reports (one from the ESB, one from the AER) released today, so readers can consider them together.
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.
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.
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 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.
Lynne Gallagher highlighted this reminder sent out to all generators from the AER, and we thought it worthwhile copying over to WattClarity here.
A short note to coincide with AER publication of Default Market Offer (DMO) for the 2022-23 financial year.
On Friday 11th March 2022, the AEMO published its 19-page ‘Addendum to the Draft 2022 ISP’, providing more detail on the four topics identified by the AER.
The front page headline in the print copy of the AFR this morning ‘AEMO told to reassess death of coal’ jumped out at me … and to others as well!
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.
James Tetlow from Overwatch Energy explains an important rule change that was recently introduced that has seen a significant increase in the civil penalties for generators who fail to follow operating rules.