Welcome to the Power Station of the Future – But Take Care
Ellise Janetzki posts this overview about operating hybrid plants, following her presentation at the Clean Energy Council’s ALSSSS event in Brisbane earlier this week.
Market Reform
(The main part of) IESS goes live today – Monday 3rd June 2024
A short note (on Monday 3rd June 2024) with the IESS changes going live today.
A brief look at NSW volatility at 18:10 on Monday 20th May 2024
A question from a WattClarity reader this morning prompts this quick-and-cryptic review of NSW price volatility at 18:10 on Monday 20th May 2024, and particular output profile of Queanbeyan BESS
AER issues paper on Enhanced Wholesale Market Monitoring and Reporting Guideline
A short article following AER’s release of an Issues Paper relating to the (soon to be enacted) expansion of its Wholesale Market Monitoring and Reporting responsibilities for Electricity (and Gas).
Further thoughts (part 2) about the design paper for the implementation of the proposed Capacity Incentive Scheme
Guest author, Ben Skinner, returns with the second instalment on his thoughts about the Design Paper for the Capacity Investment Scheme – with submissions due next Monday 25th March 2024.
Some thoughts (part 1) about the design paper for the implementation of the proposed Capacity Incentive Scheme
This is the first of a two part discussion on the Capacity Investment Scheme (CIS) Implementation Design Paper (The Paper) released on 1 March 2024. This part will cover its broad objectives and implications. The second part will discuss some…
How many Semi-Scheduled units were submitting Self-Forecasts through 2023 (and how many of these were actually used in dispatch)?
Our GSD2023 was released just over 4 weeks ago. This is the second sequential article utilising the GSD2023 Data Extract to take a look across all the Semi-Scheduled units (i.e. Wind and Solar). In this case looking at use of Self-Forecasting, and revealing more questions …
How many Semi-Scheduled units have taken advantage of the market change that went live on 7th Aug 2023?
Our GSD2023 was released just over 4 weeks ago. Finally today I have a chance to utilise the GSD2023 Data Extract to take a look across all the Semi-Scheduled units (i.e. Wind and Solar) and see who’s been using MaxAvail in their bid to limit their plant availability … and the DUIDs that have not yet used this new facility.
Consultation opens (and webinar next Friday) on Design Paper for ‘Capacity Investment Scheme’
On Thu 29th Feb 2024 (a day when NSW saw high demand, was stretched in terms of available capacity, and benefited from the electricity and other services provided by soon-to-close Eraring) the Dept of Energy in Canberra released a Design Paper on the expanded Capacity Investment Scheme. A very appropriate day for release …
Policy implications now and for the transition
The third and final part of this series of articles from Greg Williams about opportunity costs in electricity markets – this time narrowing in on policy implications.
Very fast FCAS markets continue to grow
Six observations from a chart summarising how capacity, availability and volumes enabled have changed over the early phase of the very fast FCAs markets, since commencement on October 9, 2023.
Consultation on ‘Orderly Exit Management Framework Framework’ for coal units
A short article (day after release) about the proposed ‘Orderly Exit Management Framework’ for coal units
SA Islanding: Managing solar on the island
In our third guest authored post this week, Blake Ashton from SA Power Networks talks about the SA islanding event that occurred just over twelve months ago – how SAPN managed solar curtailment, and how their new ‘flexible exports’ option can address future challenges.
What’s happening around Wagga?
Guest author, Allan O’Neil, takes a detailed look at how VIC1-NSW1 transfer capability has been limited frequently due to constraints related to the 051 line in southern NSW, and what it means in terms of inter-regional settlements residue accumulations, market efficiency overall, and the energy transition.
Federal Government announces expansion of the Capacity Investment Scheme on 23rd November 2023
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.
Media Release = ‘Capacity Investment Scheme supports NSW to deliver 1 GW of cleaner, cheaper, more reliable energy’
The Media Release from the NSW Department of Energy on 22nd November 2023 noting 1,075MW of new firming capacity in NSW – targeting operational date of December 2025.
Challenges with a global-only FCAS requirement
The very fast FCAS markets started on 9 October 2023 and now a Basslink outage presents a confusing situation for required and enabled levels.
Very fast raise service to be expanded
The requirement for the very fast raise contingency service is set to increase to 100 MW. We review availability and bids to consider the impact.
Very Fast FCAS – a week in review
The new 1-second FCAS markets have been operational since the 9th October. We take a look to find out how it has fared.
The *other* market change that went live today (Monday 9th October 2023)
A 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