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.
FCAS
Aggregate enablement of RaiseReg FCAS from units in the mainland (excluding Basslink) on Tuesday 13th February 2024
A short article trending (through Tue 13th Feb 2024) aggregate enablement of Raise Regulation FCAS in DUIDs on the mainland … i.e. excluding Basslink.
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.
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…
Measurement timeframes for Raise Contingency FCAS … from the MASS Version 8
Because we’ll be referring back to it in future, we’ve lifted out Figure 8 from the MASS version 8 (p36/39) and included it here in this belated (and back-dated) article
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.
About the low Operational Demand on Sat 16th Sept and Sun 17th Sept 2023
Following the low levels of demand over the weekend (Sat 16th and Sun 17th Sept 2023) here’s a few quick notes.
Looking back at FCAS on 1 August 2023
Don’t forget about FCAS when the energy market starts to steal the spotlight.
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
Investigating last Friday’s frequent frequency swings
Allan O’Neil provides an explainer about how small deviations in supply and demand are managed in the NEM, in order to help us understand the apparent swings in frequency that we noted in QLD last Friday.
Who drove FCAS on the island
Close to $31.5M of revenue was generated in the FCAS markets in SA over the seven days that the region was frequency separated from the rest of the NEM. This follow-on from Allan O’Neil’s earlier article investigates this final figure.
FCAS driving the island?
Guest author, Allan O’Neil, contributes his first article with respect to the islanding event in South Australia of November 2022 (in this article taking a look at FCAS market outcomes in South Australia).
Administered Pricing begins for FCAS (Lower Reg) in SA at 12:50 on Monday 14th November 2022
An AEMO market notice published just now has alerted that Adminsited Pricing has been declared for FCAS in SA after the Cumulative Price Threshold for the Lower Reg commodity was hit.
AEMO publishes ‘Scheduling Error Report’ related to problems experienced on 10th August 2022
Also this week, the AEMO published a report about the glitch in the dispatch process that occurred back on 10th August 2022.
What was the total cost of ‘keeping the lights on’ across the NEM in June?
Dan Lee provides some exploratory calculations in order to estimate the total cost of maintaining electricity supply throughout a very turbulent June.
Administered Pricing ended at 04:00 on Thursday 23rd June 2022 (and an FCAS price glitch)
A short note about the end of the Administered Pricing Period (for now?) from 04:05 on Thursday 23rd June 2022.
A quick look at the (tight) QLD+NSW supply stack, on Tuesday evening 3rd May 2022
A first after-the-fact review of the price volatility seen in QLD and NSW on Tuesday evening, 2nd May 2022. What were some of the causal factors?
“Rise of the Machines” – the increasing role of auto-bidding and self-forecasting in the modern-day NEM
On Thursday 17th March, Jonathon Dyson presented at the CEC Wind Industry Forum in Melbourne about the increasing role of auto-bidding and self-forecasting in the modern-day NEM. In this article, he shares some of the key points from that presentation.