On the fringes: the outer edges of the NEM remain the most prone to volatile MLFs
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.
market reform
ESB releases ‘high-level design paper’ for Capacity Mechanism
A short article noting the ESB's release of high-level design of Capacity Mechanism.
How should the AER’s wholesale monitoring responsibilities change, to suit the changing market environment?
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...
AEMO publishes (draft of) High Level Design for IESS (submissions due Fri 11th Feb 2022)
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...
How much did it *actually* cost – the implementation of Five Minute Settlement?
Some of our readers might be able to help us answer this question ...
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.
Big Trouble For Bad Installers As Clean Energy Regulator Shows Its Teeth
Ron Brakels of SolarQuotes examines recent changes that will put the CER in charge of accreditation, which he explains is aimed at "kicking crap solar installers out of the industry".
Five Minute Settlement has commenced … but beware some tripwires!
It's quite early Friday morning, 1st October 2021 ... and Five Minute Settlement has commenced. Here's a *very* early initial look.
What does ‘Forecast Convergence’ for MT PASA DUID Availability help us understand, about the ESB’s Final Advice?
Following from the ESB's Final Advice, and inspired by the one year anniversary of publications the MT PASA DUID Availability data sets by AEMO (thanks to the ERM-sponsored rule change) we take a quick...
ESB provides ‘finalised’ Energy Market Redesign advice to the Energy National Cabinet Reform Committee.
Some brief notes following the ESB's Media Release about its 'finalised' market redesign advice today.
Let’s Talk About (Operating) Reserves
A team of academics at UNSW explain operating reserves and analyse the case for implementing an operating reserve service in the NEM.
Potential Tripwire #1 = the ‘invisible’ 5-minute Trading Periods?!
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.
Three potential tripwires looming in October 2021, for those who are not wary
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.
ESB releases Options Paper on post 2025 market design … is it a ‘NEM 2.0’ design to get us beyond 2040?
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).
Making demand response work with negative prices
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...
Does the NEM need to be redesigned?
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...
What is the RRO and why has the South Australian Energy Minister just triggered it?
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...
My recent presentation: “Power system control or market control of a power system”
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.
No Guarantee of Success
Our guest author, Allan O'Neil, poses a number of questions about the recently proposed "National Energy Guarantee" (NEG)
EnerNOC seems to have grossly under-represented the amount of Demand Response active in the NEM
The level of Demand Response currently active in Australia's National Electricity Market is higher than some are estimating.