This is the first of a two part discussion on the Capacity Investment Scheme (CIS) Implementation Design Paper (The Paper) released on 1 March 2024. This part will cover its broad objectives and implications. The second part will discuss some…
On Thu 29th Feb 2024 (a day when NSW saw high demand, was stretched in terms of available capacity, and benefited from the electricity and other services provided by soon-to-close Eraring) the Dept of Energy in Canberra released a Design Paper on the expanded Capacity Investment Scheme. A very appropriate day for release …
A short article (day after release) about the proposed ‘Orderly Exit Management Framework’ for coal units
A short note about the publication of a richer MT PASA DUID Availability data set in ez2view v9.8 – made possible as a result of the other change that goes live in the NEM on Monday 9th 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.
In this article we delve in deeper on Thu 30th Jan and Fri 31st Jan 2020 … two days that saw extreme levels of ‘Aggregate Scheduled Target’ (i.e. AggSchedTarget – a requirement for firming capacity). A timely review, given two developments arriving tomorrow (on Thursday 31st August 2023).
AEMO is re-enabling the ‘MaxAvail’ figure in bids for Semi-Scheduled units. It will act as a limit on capacity available, feeding into the NEMDE dispatch process for the unit. We look at how Semi-Scheduled plant have currently been treating MaxAvail in the bid and share some insights.
Today (Tue 23rd May) is the go-live date for AEMO’s EMMS v5.2 – which will contain new data for some market enhancements. Here’s a quick look at where this first change will appear in ez2view, highlighting some considerations for Semi-Scheduled units and self-forecasting.
We thought it would be worth linking to Jim Chalmers’ article this week in The Monthly, as it seems these ideas will have (more) implications for the National Electricity Market.
A consultation paper (emissions reduction objective in the NEO) has been released, with submissions due 7th Feb 2023.
In GenInsights Quarterly Update for Q3 2022 we included an Appendix exploring what we could observe ‘One Year on from Five Minute Settlement’. In this article we share a small slice of what we learnt…
Greg Thorpe of Oakley Greenwood discusses some of the latest developments in the electricity sector which could be described as ‘back to the future’.. and provides a forecast of what might follow.
On Monday 1st August 2022 we provided a presentation to the CEC’s Market & Grid Directorate
On 7th July 2022 the AEMO published the final ‘High Level Design’ for the IESS implementation.
To mark the end of the financial year, Dan Lee writes this explainer about MLFs and gives some examples of noticeable long-term MLF trends within the NEM.
A short article noting the ESB’s release of high-level design of Capacity Mechanism.
On Tuesday 21st December 2021 the AER requested the AEMC to consider changing the prescriptive requirements in the Rules for the AER to analyse particular types of market outcomes in particular ways, and instead provide the AER more flexibility in what its analysis covers.
Same day as we released GenInsights21, the AEMO published its High Level Design on how they will implement the AEMC Rule Change determination on Integrating Energy Storage Systems (IESS) into the NEM. Here’s the key dates.
Some of our readers might be able to help us answer this question …
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.