Energy Minster Chris Bowen has announced that the existing Capacity Investment Scheme will be greatly expanded. This article provides a summary of industry responses, news articles and social media commentary in regards to the policy announcement.
Read MoreA short note about the publication of a richer MT PASA DUID Availability data set in ez2view v9.8 – made possible as a result of the other change that goes live in the NEM on Monday 9th October 2023
A short note about the AEMC’s draft determination, published today.
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.
The change to use MaxAvail from the energy bid, for semi-scheduled units, was implemented on 7 August 2023.
Today (Thu 3rd Aug 2023) the AEMC commenced a process of examining the proposed establishment of a ‘Scheduled Lite’ mechanism …
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
Today (Tue 23rd May) is the go-live date for AEMO’s EMMS v5.2 – which will contain new data for some market enhancements. Here’s a quick look at where this first change will appear in ez2view, highlighting some considerations for Semi-Scheduled units and self-forecasting.
Tom Geiser argues against time-stamped Renewable Energy Certificates – and how the concept could impact trade, accuracy, market signals and other factors.
We thought it would be worth linking to Jim Chalmers’ article this week in The Monthly, as it seems these ideas will have (more) implications for the National Electricity Market.
A consultation paper (emissions reduction objective in the NEO) has been released, with submissions due 7th Feb 2023.
A short note to mark the agreed introduction of a “Capacity Investment Scheme” … but not for fossil-fuelled assets.
A short article, to record the upgrade of the ASEFS and AWEFS forecasts for Semi-Scheduled (i.e. Wind and Large Solar) units.
In GenInsights Quarterly Update for Q3 2022 we included an Appendix exploring what we could observe ‘One Year on from Five Minute Settlement’. In this article we share a small slice of what we learnt…
Also today (Thursday 10th November 2022) the ESB has released a Directions Paper on Transmission Access Reform – including suggestions for both Investment Timeframe and Operational Timeframe.
Tom Geiser of Neoen writes this think piece about cost-based modelling vs price-based modelling in the broader debate about transmission investment.
A short note about the AEMC’s Transmission Planning and Investment Review – Stage 2 Final Report released last week, and submissions on Stage 3 Draft Report due this coming Thursday 3rd November.
James Allan of Quinbrook Infrastructure Partners discusses the potential benefits of moving to hourly RECs.
Some brief notes about the publication by the AEMC (on Thu 8th Sept 2022) of the Final Determination with respect to PFR Incentive Arrangements.
Another high profile report that’s been released this week is today’s Reliability Standard and Settings Review (from the Reliability Panel)… flagging some changes to settings from 1st July 2025, and some further changes after that time.