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article this evening, spelling out the two theories we’re aware of with respect to why some participants might have withdrawn capacity from the NEMDE dispatch/pricing run in June 2022 – leading to the AEMO Suspending the Market.
With all regions of the NEM having been suspended by AEMO on Wednesday 15th June 2022, guest author Allan O’Neil takes an initial look at what’s visible in terms of operations in the NEM.
An updated today from the AEMC about the compensation claims process under APC is worth sharing with Participants who read WattClarity.
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.
A short review of what we named ‘Instance #2’ in the yo-yo-ing of Available Generation after Administered Prices came into effect.
Might be useful to some of our readers…