Big Battery Revenues in the NEM Presentation from All-Energy 2024
Alex Leemon of Gridcog delivered this presentation about Big Battery Revenues in the NEM at All-Energy in Melbourne last week.
contingency FCAS
Regulation FCAS Costs in 2023
Following a presentation with the CEC, Linton shared some insights into FCAS Regulation costs for wind and solar units over last calendar year.
GSD 2023 Uncovers Features in FCAS Enablement and Bidding
The release of GSD2023 supports a deep dive into its 10-year FCAS history section. We inspect three units of differing technology and make use of the data extract to uncover trends in participation.
Very fast FCAS markets continue to grow
Six observations from a chart summarising how capacity, availability and volumes enabled have changed over the early phase of the very fast FCAs markets, since commencement on October 9, 2023.
Challenges with a global-only FCAS requirement
The very fast FCAS markets started on 9 October 2023 and now a Basslink outage presents a confusing situation for required and enabled levels.
Very fast raise service to be expanded
The requirement for the very fast raise contingency service is set to increase to 100 MW. We review availability and bids to consider the impact.
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…
Very Fast FCAS – a week in review
The new 1-second FCAS markets have been operational since the 9th October. We take a look to find out how it has fared.
Very Fast Raise and Lower FCAS markets to start on 9 October 2023
Very Fast FCAS, because it operates at a faster timescale, can arrest the rise or fall in frequency more rapidly than the current fast service and therefore provides an avenue to mitigate the costs of needing to procure increasing levels of the existing fast service. The markets (raise and lower) are going live on 9 October 2023.
Enablement of ‘MaxAvail’ in the Bid for Semi-Scheduled units to go live (Mon 7th or Tue 8th Aug 2023) … and other enhancements in future
2 x AEMO Market Notices this afternoon prompt this article about four upcoming Market Enhancements … with the first to planned to commence from next Monday 7th August 2023
First night of living on an island … with SA disconnected from the rest of the NEM
Third article for Sunday 13th November 2022 – this one taking a quick look at some pricing activity in the ENERGY market overnight.
Diverse generator responses to illusive FCAS prices on Wednesday 10th August 2022
The market volatility on Wednesday 10th August 2022 turned out to be illusive. We review unit output by fuel type to study how different generator groups responded on the day (in aggregate) finding increases, decreases and patterns in between.
Case Study of Wednesday 10th August 2022 – Part 1 (Response of Wind Farms)
Walking through some of the responses I can see in 19 of 67 Wind Farm units on Wednesday 10th August 2022 … when a software glitch delivered extreme contingency FCAS prices across all regions (though they were subsequently revised down).
Enabling FCAS at Musselroe Wind Farm – Information Session this Wednesday 29th Sept (15:00-16:30)
Today (Mon 27th Sept) we were alerted to this Virtual Information Session on Wednesday 29th September that some of our readers will be interested in (Enabling FCAS at Musselroe Wind Farm)
Price volatility in the QLD region on Saturday 3rd July 2021
A rainy Saturday morning reminds us the price volatility for Q2 in QLD has not totally gone away … with elevated prices for ENERGY and also Contingency FCAS (Raise 6 second and Raise 60 second).
Administered Pricing reached for Raise 6 second (Contingency) FCAS in Queensland
High Contingency FCAS prices (Raise 6 second) in response to what’s happened at Callide Power Station drove the Cumulative Price to (6 times) the Cumulative Price Threshold. Administered Pricing began Saturday evening for QLD.
Plenty of things went wrong in Queensland last Tuesday, but some very important things went right
Whilst there were many things that went wrong on Tuesday 25th May 2021 (last week), guest author Allan O’Neil highlights that there were at least 4 things that went right – contributing to a much less severe outcome than would otherwise have been the case.
Ranking solar farm FCAS costs in the NEM in 2020
Following recent articles on spot market revenue earned by solar farms in the NEM in 2020, Marcelle takes a look at their FCAS costs.