ESB provides ‘finalised’ Energy Market Redesign advice to the Energy National Cabinet Reform Committee.
Some brief notes following the ESB’s Media Release about its ‘finalised’ market redesign advice today.
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AEMC published Draft Rule on Energy Storage Systems
Coincident with the AEMC’s Final Determination yesterday (Thu 15th July) on FFR, there was also the Draft Determination published on Energy Storage Systems. Here are some (very) early thoughts…
AEMC published Final Rule on Fast Frequency Response (FFR)
A quick note following AEMC publication of final determination on Fast Frequency Response (FFR).
AEMO rule change proposal – replacement of ST PASA process, and data set
Last week, the AEMO submitted a rule change request to the AEMC for a redevelopment of the ST PASA process (and data sets published – to facilitate what would be a great increase in market transparency).
AEMC publishes draft determination on application to lower Registration threshold for Generators
On Thursday last week the AEMC published a Draft Determination in response to an application by AEC to combat one form of ‘Villain #8’ in relation to Registration of generators under the mandatory 30MW registration threshold.
P30 Predispatch forecasts after 5-minute settlement–what do they mean?
30-minute pre-dispatch provides critical forward price information to the NEM – but what exactly will it mean after five-minute settlement? Marcelle takes a look.
Potential Tripwire #1 = the ‘invisible’ 5-minute Trading Periods?!
In this article we discuss the 1st of 3 Potential Tripwires that wholesale market participants and others will encounter from October 2021 … with Tripwire #1 coming from the implementation of Five Minute Settlement.
Three potential tripwires looming in October 2021, for those who are not wary
A short article, flagging three potential tripwires we’d like to ensure NEM participants and other stakeholders are aware of in the lead-up to two significant market changes from October 2021.
10 million reasons why we need to talk about NEM generator operations
James Tetlow from Overwatch Energy explains an important rule change that was recently introduced that has seen a significant increase in the civil penalties for generators who fail to follow operating rules.
Moving from mandatory PFR to an arrangement that’s more durable
A quick synopsis of some market reforms at the AEMC relating to system frequency.
ESB releases Options Paper on post 2025 market design … is it a ‘NEM 2.0’ design to get us beyond 2040?
A quick note to alert our readers that the ESB has published an Options Paper today on the post 2025 Market Design (with submissions due Wed 9th June 2021).
AEMC publishes Rule Determination on Semi-Scheduled Generators
This morning the AEMC has published its final rule focused on clarifying how Semi-Scheduled generators should follow dispatch targets – including in dispatch intervals where prices are negative, and some had been unexpectedly switching off.
New Sources of Strength
Guest author Allan O’Neil puts together an in-depth explainer about system strength and looks at the current approach to system strength management in South Australia, its impacts and the imminent installation of synchronous condensers on the SA grid.
Making demand response work with negative prices
A recent development over in the WEM (paying energy users to consume, when there’s too much solar and wind) highlights the lack of foresight in the NEM … where we’ve implemented a significant reform (yet to start) that will do nothing to address negative prices.
AEMC publishes draft rule change for Semi-Scheduled generators
Today (Thu 19th Nov 2020) the AEMC published a draft ruling following the AER request for a rule change relating to Semi-Scheduled generators … which itself followed from two COAG Energy Council requests to them
AEMC proceeds to fast-track consideration of the AER’s semi-scheduled generator dispatch obligations rule change
A brief note to inform readers that the AEMC is fast-tracking consideration of the AER’s Proposed Rule Change on Semi-Scheduled assets … but also to reinforce our view that the challenge is MUCH broader than is being addressed here.
AER releases proposed rule change for Semi-Scheduled generators and dispatch instructions
Following the consultation process conducted by the AER (stemming from their Issues Paper 3 months ago) the AER has today submitted a rule change request to the AEMC relating to Semi-Scheduled generation.
ESB releases ‘Post 2025 Market Design Consultation Paper’
This morning (Mon 7th Sept 2020) the ESB released its Discussion Paper into the design of NEM 2.0 – with 7 different work streams suggested (and submissions due 19th October 2020).
Striving to understand the underlying challenges with Semi-Scheduled generators (re AER Issues Paper)
Prompted by the recent AER Issues Paper (submissions on that due today – Friday 24th July) but also aware that I’ve not yet published some broader thoughts in response to the ESB’s requests for input into their Discussion Paper on the Two Sided Market concept, I’ve posted some further thoughts. These have been informed by a longitudinal analysis of Aggregate ‘Raw Off-target’ values across all Semi-Scheduled plant.
Semi-scheduled generation–what are the real issues?
Marcelle digs into the data to find out what the real issues are in the AER’s proposed rule change for semi-scheduled generators.