Long or short on storage? A look into price signals for duration
Dan Lee looks into utility-scale storage in Queensland – including the need for megawatt-hours, the state of the build-out, and the current market price signal for duration.
Energy Transition
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.
An ESOO snippet – how effective are different technologies at enhancing reliability?
In his second article about the 2023 ESOO, guest author Allan O’Neil takes a look at what the AEMO has published with respect to various options for firming capacity to increase the reliability of aggregate supply to below the two thresholds (the Reliability Standard and the Interim Reliability Standard)
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).
Case Study of high AggSchedTarget on Thu 30th Jan 2020 and Fri 31st Jan 2020 (part 1!)
In this article we delve in deeper on Thu 30th Jan and Fri 31st Jan 2020 … two days that saw extreme levels of ‘Aggregate Scheduled Target’ (i.e. AggSchedTarget – a requirement for firming capacity). A timely review, given two developments arriving tomorrow (on Thursday 31st August 2023).
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.
Discussion Paper released on Capacity Investment Scheme
On Friday last week (4th August 2023) the proposed design of the ‘Capacity Investment Scheme’ was published … with submissions requested before Thursday 31st August 2023.
7th Aug 2023 – EnergyAustralia ‘continues to focus on strengthening performance following improved first-half results’
A belated and back-dated article to point to the EnergyAustralia Media Release of 7th August 2023 about the $400 million outage plans for Yallourn for 2023 and 2024.
Implemented: Enablement of bid energy MaxAvail for semi-scheduled generators
The change to use MaxAvail from the energy bid, for semi-scheduled units, was implemented on 7 August 2023.
The proposed voluntary ‘Schedule Lite’ mechanism starts being deliberated at the AEMC
Today (Thu 3rd Aug 2023) the AEMC commenced a process of examining the proposed establishment of a ‘Scheduled Lite’ mechanism …
The VEPC paper ‘No longer lost in transmission’, and the AEMO response
An article today referencing the VEPC paper ‘No longer lost in transmission’ (about extended VNI-West, and the authors proposed alternative ‘Plan B’) and the AEMO’s initial response.
Enablement of ‘MaxAvail’ in the Bid for Semi-Scheduled units to go live (Mon 7th or Tue 8th Aug 2023) … and other enhancements in future
2 x AEMO Market Notices this afternoon prompt this article about four upcoming Market Enhancements … with the first to planned to commence from next Monday 7th August 2023
Price volatility in SA on August 1, 2023
Light winds and a constrained interconnector contributed to elevated prices on 1 August 2023.
Engineering the transition and control of electricity
Kate Summers gave the keynote address for the “System and market design for a high renewables future” session at the CEC’s Clean Energy Summit earlier this week. This article contains the full text of her speech.
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.
From the outside looking in: Checking back in with the NEM via Australian Energy Week 2023 coverage
After having had an extended break abroad, the coverage from last week’s AEW event provided a unique opportunity to check back in with the energy market from an outsider’s perspective.
Increasing curtailment of Wind and Solar across the NEM
With Q2 drawing to a close, we’re gearing up to produce GenInsights Quarterly Update for this quarter. Timely to look back at Q1 at what was reported about curtailment of wind and solar in that earlier Quarterly Update.
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.