Three of the common building blocks within the National Electricity Market
This article is a first step into exploring some of the complexities within three of the commonly used time-steps across the NEM.
All Posts
‘Market Demand’ drops 401MW in 5 minutes on Sunday 2nd March 2025
All I have time to do now is note another change greater than 400MW in a 5-minute period – this time in in Victoria to the 11:10 dispatch interval (NEM time) on Sunday 2nd...
AER wrote letters to Semi-Scheduled participants (and others) with respect to ‘Expectations surrounding the use of self-forecasting’
At the end of February 2025, the AER wrote to Semi-Scheduled generators, and other interested parties, warning of the AER’s concerns about self-forecasting practices.
Only 14 weeks to go until Frequency Performance Payments
Full financial operation commences 8 June 2025.
Incentivising primary frequency response
The implementation of the Primary frequency response incentive arrangements rule is driving change in how system frequency is controlled and paid-for. The changes stem from how the NEM will incentivise primary frequency response. 6...
About System Frequency
The NEM operates at a frequency of 50 hertz (Hz) which means the alternating current should cycle 50 times a second between positive and negative voltage.
Up, up and away … Market Price Cap to increase by $2,800/MWh (or 16%)
The AEMC has announced that the Market Price Cap will increase to $20,300/MWh from 1st July 2025. Should we be so surprised?
Is VRE forecastable? (Part 1 in what might be a series)
Over many years we've invested deeply in analysing the nuanced answer to the question 'Is VRE Forecastable?'. This article (which has almost been posted many times before) is triggered today by yet one more...
What’s happened to those Semi-Scheduled units registered to provide FCAS?
Following a question from a client today, we take a quick look at (some of) what the GSD2024 reveals of FCAS market participation of Semi-Scheduled units.
Hot chips, algorithms and electricity markets
Declan Kelly thinks through and discusses competition issues that could arise from the increasing proliferation of auto-bidding software by big batteries in the NEM - and suggests some pre-emptive steps that that could be...
Guest Authored Posts
Triple C conditions (cold, calm and cloudy) across the NEM last Thursday evening 26th June 2025
Carl Daley examines the underlying conditions and outcomes that occurred last Thursday evening, the 26th of June.
We need more research on storage trading
In this guest post, Greg Williams calls for more research into how storage bidding—particularly auto-rebidding—is reshaping price formation and competition as flexible assets take centre stage in the NEM.
Detailed Analysis
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