Here’s the event details for the discussion scheduled for Thursday 2nd December 2021 about ‘Early insights from Five Minute Settlement’, thanks to AIE Brisbane.
Five Minute Settlement
Another interim build of ez2view gives me an excuse to have another look at changes in bidding patterns at selected Wind, Solar and Coal units.
It was too tempting to take some time today to look back on the first fully 5-minute bids from Friday 1st October (the start of Five Minute Settlement) to see how much has changed.
It’s quite early Friday morning, 1st October 2021 … and Five Minute Settlement has commenced. Here’s a *very* early initial look.
Sharing the AEMO’s email this morning alerting the market to the ‘full speed ahead to 5MS’ notice.
Re-posted with update: In recent weeks we have noticed a trend towards increased latency in the creation of the ‘PUBLIC_P5MIN_*.csv’ files published by AEMO on MarketNet, and we wonder if you can help us understand why this is happening?
Carl Daley of EnergyByte examines the ramifications of the Callide Power Station outage and discusses the big losers and winners from the situation.
30-minute pre-dispatch provides critical forward price information to the NEM – but what exactly will it mean after five-minute settlement? Marcelle takes a look.
In this article we discuss the 1st of 3 Potential Tripwires that wholesale market participants and others will encounter from October 2021 … with Tripwire #1 coming from the implementation of Five Minute Settlement.
A short article, flagging three potential tripwires we’d like to ensure NEM participants and other stakeholders are aware of in the lead-up to two significant market changes from October 2021.
Guest author and Economist at Monash University, Gordon Leslie, shares his personal experiences since switching to a real-time retail electricity plan.
The rule change that delayed the start of 5MS to 1st October 2021
A quick look back at the AEMC’s Final Determination on Five Minute Settlement.
On 4th December 2015, Sun Metals (a zinc smelter in northern Queensland, and also one of our initial deSide® clients) submitted this rule change request to the AEMC: In the 10-page proposed change, my sense is that the key points…
Some thoughts from another guest author, Greg Denton, about the current rule change proposal “Bidding in Good Faith” being assessed by the AEMC.
A quick look back at the NEMMCO final report from 2003 about the ‘5/30 issue’