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.
FCAS
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.
AEMC proposes PFR to remain mandatory–and big changes to causer-pays
The AEMC recently published a draft determination on Primary Frequency Response – proposing it remain mandatory, and to introduce big changes to the causer-pays process, including payments for good performance.
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.
FCAS goes from fast to very fast
Just under 3 weeks ago (on 22nd April 2021) the AEMC published a draft determination that would establish ‘Fast Frequency Response’ as an additional (i.e. 9th and 10th) FCAS service in the NEM. We take a brief look.
Big Batteries – big issues!
Guest author, Carl Daley, investigates why big batteries weren’t able to fully capitalise on extreme spot prices in SA on Friday 12th March.
Highlights from the 2020 GSD
David Leitch highlights some themes that stuck out to him as he read through this year’s edition of the Generator Statistical Digest – including a look at how batteries are dominating the FCAS market, some surprises with capacity factor, and other things
PPAs aren’t as easy as they used to be!
This is the fourth 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.
What’s “Primary Frequency Response” and why does it matter anyway?
Paul McArdle recently drew my attention to a short Twitter thread started by David Osmond on the arcane topic of NEM system frequency behaviour: At Paul’s invitation I’ve dived further into this issue to fill in some background, provide…
Comparing spot revenue performance across wind farms
In a sneak preview of part of next Thursday’s Clean Energy Council webinar, Marcelle compares the spot revenue performance of wind farms across the NEM.
UQ presents webinar on the Q1 performance of their 1.1MW Tesla battery
The University of Queensland’s project team that was involved with the installation and operations of their 1.1MW Tesla battery presented a webinar and exhaustive Q&A on the first results of the project.
Can batteries replace ‘cap’ contracts to hedge customer load? A case study from Q1 2020
Guest author, Andrew Wilson, presents a case study of the performance and results from the University of Queensland’s 1.1MW Tesla Powerpack system during Q1 2020.
Surviving on the island – again
Another islanding event separated the SA region from the rest of the NEM yesterday (Monday, 2nd of March). Allan O’Neil investigates what happened before the event and possible causes.
FCAS Matters – More than ever
Jonathon Dyson of Greenview Strategic Consulting uses the Generator Statistical Digest to highlight FCAS revenue results, contingency recovery and regulation costs for 2019, and help explain why it is critical for us all to understand FCAS.
Don’t Forget About FCAS!
Guest author, Allan O’Neil, takes a look at what’s happened in the (islanded) market for FCAS services in South Australia over the past two weeks with Heywood out of service. He notes:
“generators in SA as a group would have paid out roughly twice in contingency raise FCAS costs what they earned from selling energy”
How Good is Solar Farming?
Guest author, Allan O’Neil, takes a look, via the GSD2019 (released today), at the four different headwinds facing solar farm developers and operators operating in the NEM.
Combined Solar & Storage Economics: Creating a credible grid scale business model in the National Electricity Market
Guest Author, Warwick Forster, looks at designing a combined solar & storage business model for the NEM