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.
FCAS
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 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.
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.