In Part 2 of their modelling and analysis project, David Leitch and Paul Bandarian discuss the modelled results of their sharpe ratio-maximised VRE system, including additional considerations regarding transmission.
It’s Friday 15th December 2023 and the AEMO has published its draft of the 2024 ISP, in time for everyone’s Christmas reading list
This morning I was fortunate to listen into an ESIG Webinar with respect to their report ‘Weather Dataset Needs for Planning and Analyzing Modern Power Systems’
Apart from a distraction early this morning, I’ve invested some hours today in review of the 2023 ESOO. Here’s 7 initial observations that jumped out at me.
Here’s my view on whether Figure 2 should have preceded Figure 1 (with respect to projections of unserved energy … USE) in the 2023 ESOO.
One observation about the 2023 ESOO is that AEMO is has highlighted the set of constraints modelled is only ‘System Normal’.
One observation about the 2023 ESOO is that AEMO is now modelling (more accurately) the high temperature degradation on wind farm performance.
AEMO notes that ‘Australia’s NEM is perched on the edge’ in the 2023 ESOO, released today (Thu 31st Aug 2023)
An article today referencing the VEPC paper ‘No longer lost in transmission’ (about extended VNI-West, and the authors proposed alternative ‘Plan B’) and the AEMO’s initial response.
New guest author, Ryan Esplin progressively builds a more precise model of the NEMDE dispatch process to illustrate why the stylised ‘Merit Order’ bid stack model is increasingly not enough to explain dispatch and price outcomes in the NEM
Kate Summers gave this speech about the ‘paralysis by analysis’ currently occurring in the energy industry at Melbourne’s All-Energy Australia Conference on Wednesday 26th of October.
It’s under 2 weeks since the Queensland Government released its much-awaited Energy Policy. Some reports into the modelling behind this (from EY-ROAM) has been released.
The three main flaws that put boundaries on the usefulness of all forecasting/modelling
Models are simplifications of reality. Some are more precise than others. Some are useful for different purposes.
Some assorted thoughts about the RET, and the RET Review process currently underway