ESB releases ‘high-level design paper’ for Capacity Mechanism
A short article noting the ESB’s release of high-level design of Capacity Mechanism.
A short article noting the ESB’s release of high-level design of Capacity Mechanism.
On Thursday 26th August 2021 (a little over 4 weeks after it was provided to the Energy Ministers by the Energy Security Board), the ESB’s Final Advice to Energy Ministers has been publicly released.
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).
From a longer article by guest author Stephen Wilson titled ‘Does the NEM need to be redesigned?’ we have extracted Stephen’s reminder that ‘The Market means different timescales’.
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.
This morning (Mon 7th Sept 2020) the ESB released its Discussion Paper into the design of NEM 2.0 – with 7 different work streams suggested (and submissions due 19th October 2020).
Following on from Friday’s article (which considered the AER Issues Paper) this article delves into more detail of those extremes of ‘Aggregate Raw Off-Target’ across all Semi-Scheduled units that have been recorded over the past 10 years. There’s a clear clustering of cases in 2019 – what does it mean?
Prompted by the recent AER Issues Paper (submissions on that due today – Friday 24th July) but also aware that I’ve not yet published some broader thoughts in response to the ESB’s requests for input into their Discussion Paper on the Two Sided Market concept, I’ve posted some further thoughts. These have been informed by a longitudinal analysis of Aggregate ‘Raw Off-target’ values across all Semi-Scheduled plant.
Tom Geiser, Senior Market Manager at Neoen, discusses the merits of proportional, relative control on the issue of small solar curtailment.
This is the 3rd of 4 Case Studies to follow on from the main article (summarising results across 105,120 dispatch intervals through 2019 for ‘all Coal’ and ‘all Wind’ groupings). In this case, let’s look at the ‘worst’ case, in aggregate, where wind units under-performed compared to dispatch targets.
Recent invitations (from COAG Energy Council and AEMO) prompt some further analysis of the data set assembled for the GSD2019 in order to understand more about one of the challenges in balancing Supply and Demand in the NEM 2.0 world.
Some brief initial thoughts, following the release of two discussion papers by the COAG Energy Council – the first on two-sided markets, and the second seeming to cover two different challenges (forward markets, and ‘Keeping the Lights on Services’).
Better late than never (perhaps?) today I post a few thoughts about the AEMC’s proposed draft rule change for the incorporation of NegaWatts into centralized dispatch.
A collection of thoughts that have been bumping around in my head for some time about the latest push by various parties to facilitate a broader range of demand response in the NEM, and whether there are better options