Low reserves projected post Eraring closure… and earlier?
The results of the recent MTPASA (Medium-Term Projected Assessment of System Adequacy), published on 17 October 2023, led a declaration of low reserve conditions in Market Notice 110284.
Coal Closure
The NSW budget today (Tue 19th Sept) and negotiations over Eraring
A quick note about Eraring Power Station, with the NSW state budget released today (Tue 19th Sept 2023).
NSW Government to explore option for (relatively short) extension to operations at Eraring Power Station … amongst other initiatives
Yesterday, the NSW Government released both the Marsden Jacobs report (NSW Electricity Supply and Reliability Check Up) and the Government’s Response.
The 2023 ESOO again prompts the question … ‘what’s the contingency plan’?
The 2023 ESOO contains some some reporting (and data) about one particular contingency plan … delaying retirement of existing thermal generators (with Eraring a case in point).
EnergyAustralia notes the likely change of operating mode for Mt Piper coal-fired power station in NSW
Third article today looking back at news with respect to ‘coal closure’ … this article pertaining to EnergyAustralia’s Mt Piper station in NSW.
Reports of recommendations to consider extending the life of Eraring Power Station
Also in the past week, news media (claiming to have sighted some of the ‘Electricity Supply and Reliability Check Up’ from MJA with respect to Eraring Power Station) report the potential extension of service.
AGL Energy and VIC Govt entered into ‘Structured Transition Agreement’ relating to Loy Yang A
An article at the end of the week in which AGL Energy announced the establishment of a Structured Transition Agreement (STA) with respect to Loy Yang A and the notice of closure for 30th June 2035.
Operations of coal-fired generators (Vales Point, and Eraring?) extended in NSW
Friday 14th July 2023 sees some media articles and commentary about several coal-fired generators running longer than previously thought, as the energy transition hits some speed bumps.
A cold evening drives NEM-wide demand high, and IRPM low, on Tuesday 20th June 2023
The ‘Australian Energy Week’ conference this week in Melbourne, and the NEM this evening has given a real-time example of some energy transition challenges.
Digging further into ‘Aggregate Scheduled Target’, to understand what Dispatchable Capacity is actually required
In conjunction with the analysis done to complete GenInsights Quarterly Update for Q1 2023 (released today), here’s 14 years of daily data of ‘Aggregate Scheduled Target’ that might help to illustrate the aggregate requirement for fully dispatchable capacity of some type as the closure of coal accelerates into the future.
Too Early to Say?
Guest author, Allan O’Neil, publishes some analysis for WattClarity on price and generation mix changes apparent in the NEM coincident with (but not wholly caused by) the closure of the last remaining units at Liddell Power Station.
We’re not building enough replacement dispatchable capacity
With completion of GenInsights Quarterly Update for Q1 2023 approaching, and following some conversations recently (and probably this week at EUAA Conference) here are two charts looking backwards just at fully dispatchable plant that highlight one of the ways in which ‘the level of risk in the NEM is escalating’.
Liddell’s ghost stalks the market
During early morning Monday 1st May prices spiked in the NSW quite unexpectedly. Guest author Allan O’Neil takes us into the complexities of the EMMS and NEMDE to help us understand the mechanics of how this happened.
That’s all folks: the last unit of Liddell Power Station closes
Liddell Unit 1 ramped down it’s output to 0MW at roughly 10:30am this morning, signaling the full retirement of Liddell Power Station.
AEMO intermittently forecasting LOR2 (Low Reserve Condition) for NSW for Saturday 29th April 2023 – the day after the last Liddell unit is scheduled to close
As many know, Liddell Unit 1 is slated to close today (the last of the 4 units), Friday 28th April. Unfortunately coincident with that, AEMO is forecasting LOR2 low reserve condition for the middle of the afternoon tomorrow, Saturday 29th April 2023.
Fat lady singing for three down (with LD02 on the way out) and one to go at AGL’s Liddell Power Station
A short article to mark the closure of Liddell unit 2 on Wednesday evening, 26th April 2023.
Liddell’s unit 4 closes
A quick note to show the last dispatch interval of output from Lidell Unit 4, with the two remaining units slated to follow suit in the coming days.
A (very slight) delay to closure of Liddell unit 4 … but LD01 and LD02 slightly earlier
Latest data from AEMO (from Fri 14th April) suggests Liddell unit 4 might close a couple days later than when we’d looked in February.
Questions about electricity bills with closure of Liddell looming
Around eight days till the scheduled closure of Liddell’s next-to-close unit (and prompted by an article in the AFR), we take a quick look at how they’ve been bidding.
Reviewing what happened in NSW and QLD on Thursday 16th March 2023 (with Actual LOR2, Volatility and Reserve Trader almost triggered, etc) … part 1
Given the significance of the event (Reserve Trader almost triggered on Thursday 16th March – 34 days till the closure of Liddell Unit 4) we’re investing some time in exploring more detail of the event. This is Part 1.