We need more research on storage trading
In this guest post, Greg Williams calls for more research into how storage bidding—particularly auto-rebidding—is reshaping price formation and competition as flexible assets take centre stage in the NEM.
A large collection of articles pertaining to the ongoing ‘Energy Transition’ in any of a number of ways.
Specific sub-categories relate to such things as Coal Closure, and other aspects of the transition.
In this guest post, Greg Williams calls for more research into how storage bidding—particularly auto-rebidding—is reshaping price formation and competition as flexible assets take centre stage in the NEM.
Rainfall and cloud cover has split Australia this autumn, delivering a mixed bag of solar irradiance conditions for solar farms across the NEM.
Paul Moore of Viotas look at recent supply-demand dynamics within the contingency FCAS markets and whether demand response can play a role.
A sequence of afternoon intervals stand out because the forecast appeared to be biased low – self-forecasts suddenly dropped roughly 30-40 percentage points and then increased a short time later.
Theoretically, if a self-forecasting system never offers forecasts for more than 60% of intervals it may perpetually skip the performance assessment and the system could continue for use unsuppressed.
This guest-authored post by Cameron Shield from Lockton follows on from his presentation at the CEC's Investor Forum earlier this year, where he urged the audience to "sell risk, don't buy insurance".
Taking a guess at frequency need to earn a positive causer-pays factor through self-forecast biasing appears at-best uncertain in the intervals we review.
In another style of biasing a self-forecast, "lunar megawatts" represent an expectation of solar farm generation at night when it really should be zero.
The forecast differences would contribute to improved lower RMSE and MAE scores, relative to AWEFS_ASEFS, in the weekly performance assessment.
In today’s article (part 1 in this series) we present an example of biasing (at an unnamed solar farm), which we find aligns with FCAS cost mitigation.
Ben Nethersole from Baringa summarises the different contracting routes available for renewables and storage, and how project business cases are increasingly stacking these together.
Let’s now return to Monday 26th May 2025 to look at aggregate ‘Dispatch Error’ across both Semi-Scheduled fuel types for all dispatch intervals in the day.
Taking a closer look at the new 'highest ever' point for NEM-wide Wind Production on Monday 26th May 2025, and how well this was forecast in advance.
AEMO notes that 'At 1700 hrs 20/05/2025, the Buronga No.5 330kV synchronous condenser has been commissioned.'
47% of dispatch intervals for semi-scheduled solar units are seeing a self-forecast used. When there are gaps, was the unit suppressed?
In this article we delve into the indicators we can uncover which point to the increase in market interventions and generator directions over recent years.
A short not tying together several different notes about Callide C - the part buyout by 7GI and resurrection of out voluntary administration (and outage on C3).
Following his presentation at the CEC's Wind Industry Forum, Jonathon Dyson shares lessons learned from helping developers and operators of wind projects in solidifying their business case.
I'm slated to participate at a panel session at the EUAA National Conference on Wednesday 7th May 2025, so have prepared some analysis to talk through...
The way I see it, there are at least these 4 lenses that need to be viewed together to understand the complexities relating to coal closure.