AEMO Annual Report
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Final Report
RELIABILITY PANEL Reliability Panel AEMC FINAL REPORT 2020 ANNUAL MARKET REVIEW PERFORMANCE REVIEW 20 MAY 2021 Reliability Panel AEMC Final report Final Report 20 May 2021 INQUIRIES Reliability Panel c/- Australian Energy Market Commission GPO Box 2603 Sydney NSW 2000 E [email protected] T (02) 8296 7800 Reference: REL0081 CITATION Reliability Panel, 2020 Annual Market Performance Review, Final report, 20 May 2021 ABOUT THE RELIABILITY PANEL The Panel is a specialist body established by the Australian Energy Market Commission (AEMC) in accordance with section 38 of the National Electricity Law and the National Electricity Rules. The Panel comprises industry and consumer representatives. It is responsible for monitoring, reviewing and reporting on reliability, security and safety on the national electricity system, and advising the AEMC in respect of such matters. This work is copyright. The Copyright Act 1968 permits fair dealing for study, research, news reporting, criticism and review. Selected passages, tables or diagrams may be reproduced for such purposes provided acknowledgement of the source is included. Reliability Panel AEMC Final report Final Report 20 May 2021 RELIABILITY PANEL MEMBERS Charles Popple (Chairman), Chairman and AEMC Commissioner Stephen Clark, Marinus Link Project Director, TasNetworks Kathy Danaher, Chief Financial Officer and Executive Director, Sun Metals Craig Memery, Director - Energy + Water Consumer's Advocacy Program, PIAC Ken Harper, Group Manager Operational Support, AEMO Keith Robertson, General Manager Regulatory Policy, Origin Energy Ken Woolley, Executive Director Merchant Energy, Alinta Energy John Titchen, Managing Director, Goldwind Australia David Salisbury, Executive Manager Engineering, Essential Energy Reliability Panel AEMC Final report Final Report 20 May 2021 FOREWORD I am pleased to present this report setting out the findings of the Reliability Panel's (Panel) annual review of market performance, for the period 2019-20. -
Loddon Mallee Renewable Energy Roadmap
Loddon Mallee Region Renewable Energy Roadmap Loddon Mallee Renewable Energy Roadmap Foreword On behalf of the Victorian Government, I am pleased to present the Victorian Regional Renewable Energy Roadmaps. As we transition to cleaner energy with new opportunities for jobs and greater security of supply, we are looking to empower communities, accelerate renewable energy and build a more sustainable and prosperous state. Victoria is leading the way to meet the challenges of climate change by enshrining our Victorian Renewable Energy Targets (VRET) into law: 25 per cent by 2020, rising to 40 per cent by 2025 and 50 per cent by 2030. Achieving the 2030 target is expected to boost the Victorian economy by $5.8 billion - driving metro, regional and rural industry and supply chain development. It will create around 4,000 full time jobs a year and cut power costs. It will also give the renewable energy sector the confidence it needs to invest in renewable projects and help Victorians take control of their energy needs. Communities across Barwon South West, Gippsland, Grampians and Loddon Mallee have been involved in discussions to help define how Victoria transitions to a renewable energy economy. These Roadmaps articulate our regional communities’ vision for a renewable energy future, identify opportunities to attract investment and better understand their community’s engagement and capacity to transition to renewable energy. Each Roadmap has developed individual regional renewable energy strategies to provide intelligence to business, industry and communities seeking to establish or expand new energy technology development, manufacturing or renewable energy generation in Victoria. The scale of change will be significant, but so will the opportunities. -
1 National Electricity Market at a Glance 100 • Assisting the ACCC to Monitor Energy Market Behaviour Erawatt
Mortlake Power Station (Origin Energy) 1 NATIONAL ELECTRICITY MARKET CHAPTER 1 The National Electricity Market (NEM) is a wholesale market 1.1 Electricity demand MARKET ELECTRICITY NATIONAL in which generators sell electricity in eastern and southern Box 1.1: The AER’s role in the National Electricity Market Australia (table 1.1). The main customers are energy The NEM supplies electricity to over nine million residential The AER monitors the NEM to ensure market participants • investigating Snowy Hydro’s alleged failure to follow retailers, which bundle electricity with network services for and business customers. In 2013−14 the market generated comply with the underpinning legislation and rules, and dispatch instructions from the Australian Energy Market sale to residential, commercial and industrial energy users. 194 terawatt hours (TWh) of electricity—a 2.5 per cent to detect irregularities and wider harm issues. We report Operator (AEMO). In July 2014, the AER instituted The Australian Energy Regulator (AER) plays a number of reduction from the previous year, and around 3 per cent on these issues to strengthen market transparency and proceedings in the Federal Court against Snowy Hydro 1 roles in the market (box 1.1). below forecast. This outcome continues a trend of declining confi dence. In 2013–14 we published weekly reports for alleged contraventions of the National Electricity 2 electricity consumption from the NEM grid (fi gure 1.1). 5 The NEM covers six jurisdictions—Queensland, New South on NEM performance, fi ve reports on high price events Rules (section 1.11). Over the past fi ve years, grid consumption declined by an (section 1.9.4), and a special report on unusual market Wales (NSW), the Australian Capital Territory (ACT), Victoria, Our wider policy work in 2013–14 included: average 1.7 per cent annually across the market. -
Quarterly Energy Dynamics Q1 2020
Quarterly Energy Dynamics Q1 2020 Market Insights and WA Market Operations Important notice PURPOSE AEMO has prepared this report to provide energy market participants and governments with information on the market dynamics, trends and outcomes during Q1 2020 (1 January to 31 March 2020). This quarterly report compares results for the quarter against other recent quarters, focusing on Q4 2019 and Q1 2019. Geographically, the report covers: • The National Electricity Market – which includes Queensland, New South Wales, the Australian Capital Territory, Victoria, South Australia and Tasmania. • The Wholesale Electricity Market operating in Western Australia. • The gas markets operating in Queensland, New South Wales, Victoria and South Australia. DISCLAIMER This document or the information in it may be subsequently updated or amended. This document does not constitute legal or business advice, and should not be relied on as a substitute for obtaining detailed advice about the National Electricity Law, the National Electricity Rules, the Wholesale Electricity Market Rules, the National Gas Law, the National Gas Rules, the Gas Services Information Regulations or any other applicable laws, procedures or policies. AEMO has made every effort to ensure the quality of the information in this document but cannot guarantee its accuracy or completeness. Accordingly, to the maximum extent permitted by law, AEMO and its officers, employees and consultants involved in the preparation of this document: • make no representation or warranty, express or implied, as to the currency, accuracy, reliability or completeness of the information in this document; and • are not liable (whether by reason of negligence or otherwise) for any statements or representations in this document, or any omissions from it, or for any use or reliance on the information in it. -
Assembly Weekly Book 8 Dec 2006-Jun 2007
PARLIAMENT OF VICTORIA PARLIAMENTARY DEBATES (HANSARD) LEGISLATIVE ASSEMBLY FIFTY-SIXTH PARLIAMENT FIRST SESSION Book 8 5, 6 and 7 June 2007 Internet: www.parliament.vic.gov.au/downloadhansard By authority of the Victorian Government Printer The Governor Professor DAVID de KRETSER, AC The Lieutenant-Governor The Honourable Justice MARILYN WARREN, AC The ministry Premier, Minister for Multicultural Affairs and Minister for Veterans’ Affairs.............................................. The Hon. S. P. Bracks, MP Deputy Premier and Minister for Water, Environment and Climate Change...................................................... The Hon. J. W. Thwaites, MP Minister for Education............................................ The Hon. J. Lenders, MLC Minister for Skills, Education Services and Employment and Minister for Women’s Affairs................................... The Hon. J. M. Allan, MP Minister for Gaming, Minister for Consumer Affairs and Minister assisting the Premier on Multicultural Affairs ..................... The Hon. D. M. Andrews, MP Minister for Victorian Communities and Minister for Energy and Resources.................................................... The Hon. P. Batchelor, MP Treasurer, Minister for Regional and Rural Development and Minister for Innovation......................................... The Hon. J. M. Brumby, MP Minister for Police and Emergency Services and Minister for Corrections................................................... The Hon. R. G. Cameron, MP Minister for Agriculture.......................................... -
Victorian Energy Market Update: June 2020, 30 June
Essential Services Commission An appropriate citation for this paper is: Essential Services Commission 2020, Victorian Energy Market Update: June 2020, 30 June Copyright notice © Essential Services Commission, 2020 This work, Victorian Energy Market Update, is licensed under a Creative Commons Attribution 4.0 licence [creativecommons.org/licenses/by/4.0]. You are free to re-use the work under that licence, on the condition that you credit the Essential Services Commission as author, indicate if changes were made and comply with the other licence terms. The licence does not apply to any brand logo, images or photographs within the publication. This Victorian Energy Market Update meets our reporting obligations under Sections 54V and 54W of the Essential Services Commission Act 2001, Section 39A of the Electricity Industry Act 2000 and Section 47 of the Gas Industry Act 2001. 2 Victorian Energy Market Update: June 2020 Introduction This update on the Victorian energy market reports data we regularly collect from January to March 2020. It also includes more recent data we have collected on the impact of the coronavirus on energy consumers. This update provides a summary on: • how energy companies are complying and • the impacts of the coronavirus on performing against their regulatory customers obligations • how we are proposing to help customers • newly licensed energy companies. manage their bills during the coronavirus • price of energy offers in the market • new energy rules we have developed and are implementing • disconnections of energy customers for non-payment Energy industry roundtables We met with representatives from the energy industry, industry peak bodies, government, Victoria’s community support and consumer advocacy groups throughout this quarter to discuss the energy sector and the effects of coronavirus on the Victorian community. -
El Mercado De La Energía Solar En Australia
ESTUDIO EM DE MERCADO 2021 El mercado de la energía solar en Australia Oficina Económica y Comercial de la Embajada de España en Sídney ESTUDIO EM DE MERCADO 20 de abril de 2021 Sídney Este estudio ha sido realizado por Ana Lázaro Herrasti Bajo la supervisión de la Oficina Económica y Comercial de la Embajada de España en Sídney http://australia.oficinascomerciales.es Editado por ICEX España Exportación e Inversiones, E.P.E. NIPO: 114-21-009-9 EM EL MERCADO DE LA ENERGÍA SOLAR EN AUSTRALIA Índice 1. Resumen ejecutivo 5 2. Definición del sector 10 2.1. El sector eléctrico en Australia 10 2.2. El sector de la energía solar en Australia 13 2.2.1. Clasificación del sector 13 2.2.2. Clasificación arancelaria 17 3. Marco institucional y competencias 19 3.1. Marco normativo 19 3.1.1. Antecedentes 19 3.1.2. Política federal actual 20 3.1.3. Políticas estatales 21 3.2. Incentivos y otras ayudas 22 4. Oferta – Análisis de competidores 23 4.1. Tamaño del sector 23 4.1.1. El sector de la energía renovable 23 4.1.2. Energía solar 30 4.1.3. Retirada de plantas termales de carbón 39 4.2. Exportaciones e importaciones de equipamiento 41 4.3. Principales empresas del sector 44 4.3.1. Segmento de la energía solar FV a pequeña escala 44 4.3.2. Segmento de la energía solar FV a gran escala 45 5. Demanda 52 5.1. Consumo eléctrico en el NEM y efecto de los sistemas fotovoltaicos en cubierta 53 5.2. -
Aemo-Annual-Report-2019.Pdf
Australian Energy 2019 Market Operator Limited ABN 94 072 010 327 www.aemo.com.au Annual Report Zema Energy Studies Scholarship Matt Zema, AEMO Chief Executive Officer, 2009 to 2016 In this report, AEMO reflects on our first decade of operation since establishment in July 2009, and how we’ve expanded our role and the capability of our people as the energy sector has undergone a rapid transformation. It is fitting that we pay tribute to our founding Chief Executive Officer, Matt Zema, who tragically passed in 2016. Matt epitomised the leadership spirit of energy sector reform and his legacy will continue through the next generation of leaders in Australia’s energy sector with the Zema Energy Studies Scholarship. AEMO, with the support of the Council of Australian Governments Energy Council and other contributors, and in partnership with Monash University, has established the scholarship to support PhD students specialising in interdisciplinary energy studies, to deepen their expertise, unlock their full leadership potential and gain exposure to our national energy industry. Graduates of the program, through their sophisticated and adaptive research skills that bridge the worlds of academia and industry, and later through their leadership, will help shape the energy world of the future. Contents About AEMO 4 Consumer engagement 22 Changes across the NEM and WEM 6 Digital innovation 24 Chairman’s Message 7 People 26 Managing Director and Corporate strategy 28 CEO Message 8 Corporate governance 30 AEMO Executive Leadership Team 10 Board of Directors 32 System Operations 14 Board committee focus areas 35 System design 16 AEMO members 36 Markets 20 Financial Statements 38 4 Australian Energy Market Operator About AEMO AEMO is the independent system and market operator for the National Electricity Market (NEM), the Western Australian (WA) Wholesale Electricity Market (WEM), wholesale and retail gas markets and supply hubs, and gas systems. -
Moorabool Wind Farm Review Each Technical Standard
Project Update Week ending 1 June 2018 Expression of Interest All communications regarding this EOI must be through TenderLink. For access, go renewable offtakes to www.tenderlink.com/snowyhydro/ and 25 May click on 'All Current Tenders' Snowy Hydro is seeking expressions of interest for the supply of long term offtake Source: Snowy Hydro arrangements from renewable energy sources. Through Snowy Hydro’s retail businesses, Red Energy and Lumo Energy, we supply electricity and gas to over one million CWP Renewables and Partners customers. Group announce the establishment of 1.3GW As the electricity consumed by our growing customer base continues to increase, we are Australian renewable energy looking to contract more energy generation. platform Snowy Hydro is inviting potential energy 28 May suppliers to participate in our program to The partnership behind NSW’s largest wind procure up to 400 megawatts of wind and 400 farm, CWP Renewables ("CWP") and global megawatts of solar offtakes. private markets investment manager Partners Group, today announces the commencement Snowy Hydro is already one of the largest of a second large wind farm together in the suppliers of renewable energy in Australia. State, the Crudine Ridge Wind Farm, which This program will allow Snowy Hydro to will be located 45km south of Mudgee. expand its portfolio of renewable energy generation and meet the growing energy With Sapphire Wind Farm and Crudine Ridge demands from our customers. Wind Farm, CWP and Partners Group have over 400MW currently under construction in Snowy Hydro has released an expression of NSW. Moreover, the two companies have interest (EOI) to the energy market and will committed to work together to deliver CWP's evaluate the responses received to produce a entire renewable energy project portfolio, shortlist. -
A South Australia's Electricity and Gas Industries
A South Australia's Electricity and Gas Industries Both the electricity and gas industries in South Australia have undergone a range of significant reforms over the last fifteen years, commencing with the vertical disaggregation of the electricity and gas supply chains in the mid-1990s and culminating with the introduction of FRC for customers of all sizes during 2003-04. In the wake of FRC, gas and electricity retailing in South Australia has moved from a single host retailer model to a multiple retailer model. The remainder of this appendix provides both an historic perspective on the reforms that were undertaken in advance of the introduction of FRC and an overview of the current structure of energy retailing. A.1. Progression to FRC A.1.1. Electricity industry progression to FRC Between 1946 and 1995, the Electricity Trust of South Australia (ETSA) was responsible for undertaking all aspects of the electricity supply chain in South Australia including the generation, transmission, distribution and retail sale of electricity. On 1 July 1995, the Electricity Trust of South Australia was corporatised and became ETSA Corporation under the Public Corporations Act 1993. In January 1997 the South Australian Government undertook the first steps towards vertical disaggregation, by transferring ETSA’s generation assets to SA Generation Corporation. The second step toward vertical disaggregation occurred in October 1998 when the South Australian Government announced that, in order to meet its commitments under the Competition Principles Agreement and in preparation for entry into the NEM, ETSA Corporation and SA Generation Corporation would need to be further disaggregated. -
September 2020
September 2020 A report for the National Electricity Market PURPOSE This publication has been prepared by AEMO to provide information about constraint equation performance and related issues, as at the date of publication. DISCLAIMER This document or the information in it may be subsequently updated or amended. This document does not constitute legal or business advice, and should not be relied on as a substitute for obtaining detailed advice about the National Electricity Law, the National Electricity Rules, or any other applicable laws, procedures or policies. AEMO has made every effort to ensure the quality of the information in this document but cannot guarantee its accuracy or completeness. Accordingly, to the maximum extent permitted by law, AEMO and its officers, employees and consultants involved in the preparation of this document: • make no representation or warranty, express or implied, as to the currency, accuracy, reliability or completeness of the information in this document; and • are not liable (whether by reason of negligence or otherwise) for any statements or representations in this document, or any omissions from it, or for any use or reliance on the information in it. © 2020 Australian Energy Market Operator Limited. The material in this publication may be used in accordance with the copyright permissions on AEMO’s website. 1. Introduction 5 2. Constraint Equation Performance 5 2.1 Top 10 binding constraint equations 5 2.2 Top 10 binding impact constraint equations 6 2.3 Top 10 violating constraint equations 7 2.4 Top 10 binding interconnector limit setters 8 2.5 Constraint Automation Usage 9 2.6 Binding Dispatch Hours 10 2.7 Binding Constraint Equations by Limit Type 11 2.8 Binding Impact Comparison 12 2.9 Pre-dispatch RHS Accuracy 12 3. -
Annual Market Performance Review 2017: Final Report
ANNUAL MARKET PERFORMANCE REVIEW 2017 Final report 20 March 2018 Reference: REL0066: 2017 Annual Market Performance Review Inquiries Australian Energy Market Commission PO Box A2449 Sydney South NSW 1235 E: [email protected] T: (02) 8296 7800 F: (02) 8296 7899 Reference: REL0066 Citation AEMC Reliability Panel, 2017 Annual Market Performance Review, final report, 20 March 2018, Sydney About the Reliability Panel The Panel is a specialist body within the Australian Energy Market Commission (AEMC) and comprises industry and consumer representatives. It is responsible for monitoring, reviewing and reporting on reliability, security and safety on the national electricity system, and advising the AEMC in respect of such matters. The Panel’s responsibilities are specified in section 38 of the National Electricity Law. This work is copyright. The Copyright Act 1968 permits fair dealing for study, research, news reporting, criticism and review. Selected passages, tables or diagrams may be reproduced for such purposes provided acknowledgement of the source is included. Reliability Panel Members Brian Spalding, Chairman and AEMC Commissioner Trevor Armstrong, Chief Operating Officer, Ausgrid Lance Balcombe, Chief Executive Officer, TasNetworks Mark Collette, Executive Energy, EnergyAustralia Royce De Sousa, General Manager - Energy & Sustainability, Visy Gavin Dufty, Manager Policy and Research, St Vincent de Paul Society, Victoria Miles George, Strategic Adviser, Infigen Energy Ltd Chris Murphy, Strategic Advisor, Meridian Energy and General Manager - Energy Market Interfaces, Telstra Cameron Parrotte, Executive General Manager - Strategy & Innovation, AEMO Richard Wrightson, General Manager Wholesale Markets, AGL Energy Introduction i Foreword I am pleased to present this final report setting out the findings of the Reliability Panel's annual review of market performance.