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.
Australian Energy Regulator (AER)
Saw an update from the AER this evening pertaining to Liddell unit 3, and had a quick look with the power of the Generator Statistical Digest 2020.
This morning the AEMC has published its final rule focused on clarifying how Semi-Scheduled generators should follow dispatch targets – including in dispatch intervals where prices are negative, and some had been unexpectedly switching off.
This is the second of a short series of video snippets extracted from the 17th September 2020 presentation by Marcelle Gannon and Jonathon Dyson for the Clean Energy Council entitled ‘Maximising Profitability in the NEM’ for Wind Farms.
A brief note to inform readers that the AEMC is fast-tracking consideration of the AER’s Proposed Rule Change on Semi-Scheduled assets … but also to reinforce our view that the challenge is MUCH broader than is being addressed here.
Following the consultation process conducted by the AER (stemming from their Issues Paper 3 months ago) the AER has today submitted a rule change request to the AEMC relating to Semi-Scheduled generation.
Following on from Friday’s article (which considered the AER Issues Paper) this article delves into more detail of those extremes of ‘Aggregate Raw Off-Target’ across all Semi-Scheduled units that have been recorded over the past 10 years. There’s a clear clustering of cases in 2019 – what does it mean?
Prompted by the recent AER Issues Paper (submissions on that due today – Friday 24th July) but also aware that I’ve not yet published some broader thoughts in response to the ESB’s requests for input into their Discussion Paper on the Two Sided Market concept, I’ve posted some further thoughts. These have been informed by a longitudinal analysis of Aggregate ‘Raw Off-target’ values across all Semi-Scheduled plant.
Here’s an attempt to translate the concern underlying the AER Issues Paper into ‘plain English’ via the popular song.
It’s not a surprise to me to see that someone (the AER in this case) has released an Issues Paper canvassing options for changing the way Semi-Scheduled generators interact with the dispatch process. Not a surprise, as our prior analysis suggests the current approach is not sustainable or scalable.
A brief note about the (also short) notice from the AER relating to two rule change proposals which it has been asked to propose by the COAG Energy Council
Following from my August update, here’s two developments we have seen in relation to retail & networks regulation.
A listing of key reports and analysis into the SA blackout of 28th September 2016.