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.
Market Reform
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.
ESB releases ‘high-level design paper’ for Capacity Mechanism
A short article noting the ESB’s release of high-level design of Capacity Mechanism.
“Rise of the Machines” – the increasing role of auto-bidding and self-forecasting in the modern-day NEM
On Thursday 17th March, Jonathon Dyson presented at the CEC Wind Industry Forum in Melbourne about the increasing role of auto-bidding and self-forecasting in the modern-day NEM. In this article, he shares some of the key points from that presentation.
AEMC Rule Determination on ‘Enhancing operational resilience in relation to indistinct events’
Catching up on recent developments, this AEMC Rule Determination (enabling AEMO to deal with ‘indistinct events’) caught my eye.
How should the AER’s wholesale monitoring responsibilities change, to suit the changing market environment?
On Tuesday 21st December 2021 the AER requested the AEMC to consider changing the prescriptive requirements in the Rules for the AER to analyse particular types of market outcomes in particular ways, and instead provide the AER more flexibility in what its analysis covers.
AEMO publishes (draft of) High Level Design for IESS (submissions due Fri 11th Feb 2022)
Same day as we released GenInsights21, the AEMO published its High Level Design on how they will implement the AEMC Rule Change determination on Integrating Energy Storage Systems (IESS) into the NEM. Here’s the key dates.
David Leitch’s review of GenInsights21
Occasional guest author, David Leitch, grasped an opportunity for an early read of GenInsights21 – and shares some of his observations here with WattClarity readers.
AEMC publish final determination on rule change regarding the integration of storage systems into the NEM
Earlier today, the AEMC released a final determination on a market rule change regarding the registration and participation of storage systems in the NEM.
How much did it *actually* cost – the implementation of Five Minute Settlement?
Some of our readers might be able to help us answer this question …
AEMC proposes PFR to remain mandatory–and big changes to causer-pays
The AEMC recently published a draft determination on Primary Frequency Response – proposing it remain mandatory, and to introduce big changes to the causer-pays process, including payments for good performance.