Here’s a collation of articles pertaining to the coupled questions about ‘How Dispatch works (and how Prices are Set)’ in Australia’s National Electricity Market
Prompted by a question by a client in a training session for a new ez2view user, guest author Allan O'Neil has written 2,940 words to explain the price outcome in one particular dispatch interval...
Oliver Nunn and his team at Endgame Economics have written this introductory three-part guide to market modelling in the NEM. This is Part 3: "Defense against the dark arts"
On 1st August 2024 the AEMO approved for distribution version 5 of the document 'Guide to Mis-Pricing Information' with reference to the IESS go-live on 3rd June 2024. Hence the date of this article...
New guest author, Ryan Esplin progressively builds a more precise model of the NEMDE dispatch process to illustrate why the stylised 'Merit Order' bid stack model is increasingly not enough to explain dispatch and...
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...
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...
Walking through 5 (much simplified) "Dispatch Intervals" to illustrate some starting principles of marginal price based dispatch arrangements, such as used in the National Electricity Market