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.
A quick note to alert our readers that the ESB has published an Options Paper today on the post 2025 Market Design (with submissions due Wed 9th June 2021).
A recent development over in the WEM (paying energy users to consume, when there’s too much solar and wind) highlights the lack of foresight in the NEM … where we’ve implemented a significant reform (yet to start) that will do nothing to address negative prices.
Guest author Stephen Wilson chaired an ‘ESIG Down Under’ conference webinar on ‘Designing the Energy Markets of the Future’. Whilst introducing the session, Stephen presented a diagram that helped to clarify the combination of different time horizons that need to be considered in holistically describing ‘the Market’. It will be of interest to WattClarity readers.
Perhaps missed amongst all the bushfire-related action in the NEM, the SA Minister for Energy last week initiated the Retailer Reliability Obligation. Guest author Allan O’Neil tries to come to grips with what this means, and what happens next?
Guest presenter, Kate Summers, spoke at UoM Climate and Energy College on 15th August 2018, with the presentation recorded. Kate shares this today with WattClarity readers.
Our guest author, Allan O’Neil, poses a number of questions about the recently proposed “National Energy Guarantee” (NEG)
The level of Demand Response currently active in Australia’s National Electricity Market is higher than some are estimating.
In today’s energy sector, it is rare to get electricity networks, retailers, generators and system controllers in the same room at the same time. In a deconstructed market about to be transformed by distributed energy, how will decisions be made around how it is dispatched?
A starting list of factors that I’d look further into, if I was sucked into the “rabbit hole” of assessing all of the contributing factors leading to the Remarkable Prices seen in Q2 2016 – and which could continue into the future.
Cast your mind back 15 years to 2016. You probably don’t remember this, but 15 years ago people still debated whether the growth of distributed energy would fundamentally transform the Australian electricity system.
Some considerations, posted by guest author Andrew George, about the Large-Scale Renewable Energy Target Scheme
Some ideas that I have been puzzling over – about the overlaps and contradictions between 3 rule changes under consideration at the AEMC currently
1) The Demand Response Mechanism (better known as the Negawatt buyback mechanism)
2) The Bidding in Good Faith deliberation
3) The Requirement for Price-Responsive (large) Demand to bid into central dispatch
Pondering more implications of the boom/bust pricing witnessed in the South Australian region last week…
Some thoughts about Capacity Payments – given the article in the AFR yesterday
What do the forecasts received for peak NSW demand this summer tell us about the various debates currently underway in terms of network regulation and industry transformation?
We saw Ryan Wavish present on this topic at All Energy 2014, and invited him to write an article for WattClarity highlighting some of the learnings of the ARENA-funded study.
Articles about market reform – in the NEM and elsewhere.
Reflection on whether the core challenges for market operators (and other core stakeholders) have varied at all from the listing of issues compiled for the Association of Power Exchanges back in 1997.