Timestamping Renewable Energy Certificates is a Bad Idea.
Tom Geiser argues against time-stamped Renewable Energy Certificates – and how the concept could impact trade, accuracy, market signals and other factors.
Market Reform
Delving deeper into dispatch availability self-forecasting performance
We delve deeper into dispatch availability self-forecasts and the assessment process to further enhance our understanding of this important aspect, testing sensitivity to gate closure times and requirements on minimum intervals.
Some revelations in GenInsights Q4 2022 about Aggregate Raw Off-Target for Semi-Scheduled units
In today’s article (a third snippet from GenInsights Quarterly Update for Q4 2022) we take a look at levels of large ‘Aggregate Raw Off-Target’ (i.e. large collective deviations away from Target), which continue to grow for the Semi-Scheduled category and remind us of that question …
Observation 13/22 from GenInsights21 – is the Semi-Scheduled category sustainable or scalable?
Here on this site, and also in real discussions in the offline world, we have been pondering this question for a number of years. For instance, it was pondered in Theme 13 (‘What’s the future for Participation Categories in the…
Some revelations in GenInsights Q4 2022 about Self-Forecasting
This first excerpt from GenInsights Quarterly Update for Q4 2022 looks specifically at the trended level of adoption of self-forecasting for Semi-Scheduled Solar Farms in the NEM. This article on Monday 26th February 2023 precedes some changes AEMO might make on Tuesday 27th February 2023.
Observation 15/22 from GenInsights21 – what is the purpose of Self-Forecasting?
Today, more than 14 months after the publication of GenInsights21 we’re sharing Key Observation 15 of 22, relating to self-forecasting for Semi-Scheduled units.
What does ‘Rethinking Capitalism’ mean, for the National Electricity Market?
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.
Discussion Paper released with respect to adding Emissions Reduction into the NEO
A consultation paper (emissions reduction objective in the NEO) has been released, with submissions due 7th Feb 2023.
The Capacity Market is dead … long live the ‘Capacity Investment Scheme’?!
A short note to mark the agreed introduction of a “Capacity Investment Scheme” … but not for fossil-fuelled assets.
The Administered Price Cap has increased to $600/MWh as of today 1st December 2022
A rule change increasing the Administered Price Cap from $300/MWh to $600/MWh, submitted by Alinta Energy, has come into effect today.
Enhancement of ASEFS and AWEFS forecasts provided by AEMO – from Wednesday 23th November 2022
A short article, to record the upgrade of the ASEFS and AWEFS forecasts for Semi-Scheduled (i.e. Wind and Large Solar) units.
(belatedly) one year on from Five Minute Settlement
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…
ESB releases Directions Paper with respect to Transmission Access Reform
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.
Cost-based Modelling is Doing Consumers a Disservice.
Tom Geiser of Neoen writes this think piece about cost-based modelling vs price-based modelling in the broader debate about transmission investment.
AEMC published a Final Report as part of Stage 2 of the Transmission Planning and Investment Review
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.
The Case for Hourly Renewable Energy Certificates
James Allan of Quinbrook Infrastructure Partners discusses the potential benefits of moving to hourly RECs.
AEMC published final determination for ‘Primary frequency response incentive arrangements’
Some brief notes about the publication by the AEMC (on Thu 8th Sept 2022) of the Final Determination with respect to PFR Incentive Arrangements.
Reliability Panel publishes final report from 2022 Reliability Standard and Settings Review
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.
AEMO published (final of) High Level Design for IESS
On 7th July 2022 the AEMO published the final ‘High Level Design’ for the IESS implementation.
Alinta Energy submits Rule Change temporarily request to raise the Administered Price Cap (from $300/MWh to $600/MWh)
A short article about the rule change proposed by Alinta Energy to raise the APC … quite topical given Q2 2022.