Guest author, Allan O’Neil, contributes to our series of articles explaining how prices are set the the NEM (as part of how dispatch works). In this article, Allan explains some of the details in the AEMO’s “Price Setter” file.
who’s setting the price?
In the process of assembling a long-range data set on how much every single generator has contributed to the price of Energy in each Region of the NEM (which we’re doing for our Generator Report Card 2018) we’ve pulled some preliminary analysis together here of how many dispatch intervals since 1st January 2018 see the Price Setter files highlight instances of setting the price ranging:
from “Very Simple” (at Category 1)
… to “Very Complex” (at Category 5)