Market Reform




FCAS goes from fast to very fast

Just under 3 weeks ago (on 22nd April 2021) the AEMC published a draft determination that would establish ‘Fast Frequency Response’ as an additional (i.e. 9th and 10th) FCAS service in the NEM. We take a brief look.





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.





Does the NEM need to be redesigned?

Guest author Stephen Wilson chaired an ‘ESIG Down Under’ conference webinar on ‘Designing the Energy Markets of the Future’. Whilst introducing the session, Stephen presented a diagram that helped to clarify the combination of different time horizons that need to be considered in holistically describing ‘the Market’. It will be of interest to WattClarity readers.




Extrapolating from the trend of ‘Aggregated Raw Off-Target’ results, to yield some clues to what the future might hold … and one challenge for NEM 2.0

Following on from Friday’s article (which considered the AER Issues Paper) this article delves into more detail of those extremes of ‘Aggregate Raw Off-Target’ across all Semi-Scheduled units that have been recorded over the past 10 years. There’s a clear clustering of cases in 2019 – what does it mean?


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.