2024 Consultation on Forecasting Accuracy Report Methodology
The methodology used to assess performance of AEMO’s longer-term forecasts is under review via the consultation process.
Headline Reports
Comments and questions about the 2024 draft ISP
Clutch’s Mitch Baker has shared his initial thoughts and questions that jumped out to him from reading the AEMO’s 2024 draft ISP.
AER released transparency review of the Australian Energy Market Operator’s (AEMO) draft Integrated System Plan (ISP)
We probably should have noted this at the time, but worth linking here to this short report by the AER, that was published on 15th January 2024.
2023-24 GenCost consultation draft released – just before Xmas 2023
A short (and belated) article about the CSIRO’s GenCost draft report … and some associated media coverage.
AEMO released draft of 2024 Integrated System Plan … cue the media headlines
It’s Friday 15th December 2023 and the AEMO has published its draft of the 2024 ISP, in time for everyone’s Christmas reading list
GenInsights Quarterly Update for Q3 2023 released
A quick note to mark the the release of GenInsights Quarterly Update for 2023 Q3 last week (and Executive Briefing to one of our subscribers today).
AEMO holds 2023-24 Summer Readiness Briefing on November 13th 2023
On Monday the AEMO held their annual Summer Readiness Briefing for Summer 2023/24. Meanwhile, the ABC are reporting that the current El Nino has reached ‘strong intensity’.
On Mon 23rd October, the AEMO publishes Quarterly Energy Dynamics for 2023 Q3
A short article on Mon 23rd Oct 2023 about an AEMO’s publication of the latest Quarterly Energy Dynamics (a review of 2023 Q3). This follows closely from AER’s Wholesale Markets Quarterly for the same period.
On Thu 19th October, the AER published Quarterly Review for 2023 Q3
A short article on Saturday about an AER’s publication that was released in the past week … a review of 2023 Q3.
AER release ‘State of the Energy Market’ report for 2023
Today the Australian Energy Regulator released its annual ‘State of the Energy Market’ report that highlighted rising retail prices and a higher concentration of flexible generation asset ownership.
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)
Stock up on candles?
Last Thursday (31st Aug 2023) the AEMO published the ESOO 2023, including forecasts of some possibility of unserved energy in Victoria and South Australia this coming summer 2023-24 (above the Interim Reliability Measure). Guest author Allan O’Neil takes a look.
It only took a day (after release of the 2023 ESOO) to get to RERT Tenders for summer 2023-24
Yesterday (Thu 31st Aug) we saw the release of the 2023 ESOO. Today (Fri 1st Sept 2023) AEMO calls for tenders for supply of ‘Reserve Trader’ in VIC and SA for summer 2023-24.
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).
Here’s 7 Observations that jumped out to me in a first skim of the 2023 ESOO
Apart from a distraction early this morning, I’ve invested some hours today in review of the 2023 ESOO. Here’s 7 initial observations that jumped out at me.
With the 2023 ESOO report, some real head scratching about Demand Response!
The 2023 ESOO contains some data, and comments, about Demand Response that have us scratching our heads…
With the 2023 ESOO report, different views about which USE figure should the AEMO have led with?
Here’s my view on whether Figure 2 should have preceded Figure 1 (with respect to projections of unserved energy … USE) in the 2023 ESOO.
The 2023 ESOO report shows coal unit EFOR is still a significant factor
One observation about the 2023 ESOO is that EFOR (equivalent forced outage rate) for coal and large gas units is a large and growing challenge.
The 2023 ESOO report clarifies why the transmission model only includes ‘System Normal’ – and why it’s a simplification
One observation about the 2023 ESOO is that AEMO is has highlighted the set of constraints modelled is only ‘System Normal’.
The 2023 ESOO modelling provides a more accurate real world depiction of Wind Farm limitations at high temperatures
One observation about the 2023 ESOO is that AEMO is now modelling (more accurately) the high temperature degradation on wind farm performance.