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116609MARKET INTERVENTION14/05/2024 09:53:40 AM
PDPASA - Forecast Lack Of Reserve Level 1 (LOR1) in the QLD Region on 14/05/2024
AEMO ELECTRICITY MARKET NOTICE
AEMO declares a Forecast LOR1 condition under clause 4.8.4(b) of the National Electricity Rules for the QLD region for the following period:
From 1730 hrs 14/05/2024 to 1800 hrs 14/05/2024.
The forecast capacity reserve requirement is 830 MW.
The minimum capacity reserve available is 816 MW.
Manager NEM Real Time Operations
AEMO declares a Forecast LOR1 condition under clause 4.8.4(b) of the National Electricity Rules for the QLD region for the following period:
From 1730 hrs 14/05/2024 to 1800 hrs 14/05/2024.
The forecast capacity reserve requirement is 830 MW.
The minimum capacity reserve available is 816 MW.
Manager NEM Real Time Operations
116607ADMINISTERED PRICE CAP14/05/2024 03:55:10 AM
[EventId:203] AP STARTED for ENERGY in NSW1 at 14 May 2024 03:55
AEMO ELECTRICITY MARKET NOTICE
Issued by Australian Energy Market Operator Ltd at 0355 hrs on 14 May 2024
ADMINISTERED PRICE PERIOD DECLARED in NSW1 region.
AEMO has determined that the rolling sum of the uncapped spot prices for the NSW1 region over the previous 2016 trading intervals has exceeded the cumulative price threshold (CPT) of $1,490,200.00.
In accordance with Clause 3.14.2(b) of the National Electricity Rules, AEMO has determined that an administered price period will commence at the trading interval starting 0405 hrs on 14 May 2024 and will continue through to the end of that trading day.
An administered price cap (APC) of 600 $/MWh will apply to all trading intervals during this administered price period. This APC will apply to spot prices and to all market ancillary service prices in the NSW1 region.
An administered floor price (AFP) of -600 $/MWh will apply to spot prices.
AEMO will continue to monitor the rolling sum of the uncapped spot prices and issue further Market Notices as required.
This is an AEMO autogenerated Market Notice.
Issued by Australian Energy Market Operator Ltd at 0355 hrs on 14 May 2024
ADMINISTERED PRICE PERIOD DECLARED in NSW1 region.
AEMO has determined that the rolling sum of the uncapped spot prices for the NSW1 region over the previous 2016 trading intervals has exceeded the cumulative price threshold (CPT) of $1,490,200.00.
In accordance with Clause 3.14.2(b) of the National Electricity Rules, AEMO has determined that an administered price period will commence at the trading interval starting 0405 hrs on 14 May 2024 and will continue through to the end of that trading day.
An administered price cap (APC) of 600 $/MWh will apply to all trading intervals during this administered price period. This APC will apply to spot prices and to all market ancillary service prices in the NSW1 region.
An administered floor price (AFP) of -600 $/MWh will apply to spot prices.
AEMO will continue to monitor the rolling sum of the uncapped spot prices and issue further Market Notices as required.
This is an AEMO autogenerated Market Notice.
116606ADMINISTERED PRICE CAP14/05/2024 03:55:01 AM
[EventId:202] AP ENDED for ENERGY in NSW1 at 14 May 2024 03:55
AEMO ELECTRICITY MARKET NOTICE
Issued by Australian Energy Market Operator Ltd at 0355 hrs on 13 May 2024
ADMINISTERED PRICE PERIOD ENDS in NSW1 region.
In accordance with Clause 3.14.2(b) of the National Electricity Rules, AEMO is notifying market participants that the administered price period declared for the NSW1 region in market notice 116604 will end at 0400 hrs on 14 May 2024.
This is an AEMO autogenerated Market Notice.
Issued by Australian Energy Market Operator Ltd at 0355 hrs on 13 May 2024
ADMINISTERED PRICE PERIOD ENDS in NSW1 region.
In accordance with Clause 3.14.2(b) of the National Electricity Rules, AEMO is notifying market participants that the administered price period declared for the NSW1 region in market notice 116604 will end at 0400 hrs on 14 May 2024.
This is an AEMO autogenerated Market Notice.
116605RESERVE NOTICE14/05/2024 09:45:27 AM
RESERVE NOTICE MT PASA PUBLICATION 14 May 2024
The MTPASA result published on 14 May April 2024 identifies Low Reserve Conditions as annual unserved energy exceeds the Reliability Standard between:
-- May 2025 - May 2026 in New South Wales.
AEMO declares low reserve conditions in accordance with clause 4.8.4 of the National Electricity Rules for the following region(s) and periods:
-- November 2025 - March 2026 in New South Wales when forecast demand exceeds supply under some circumstances.
Please note that MTPASA informs the market of potential reliability issues to allow the market to respond in the first instance, potentially avoiding the need for any AEMO intervention.
For further information, please refer to:
https://www.aemo.com.au/Electricity/National-Electricity-Market-NEM/Data/Market-Management-System-MMS/Projected-Assessment-of-System-Adequacy
This notice supersedes Market Notice 116498 published on 7 May 2024.
Background
As part of a broader process of implementing the reliability standard, AEMO runs the Medium Term Projected Assessment of System Adequacy (MTPASA) process weekly to forecast expected unserved energy levels over a two year period. If the expected annual unserved energy exceeds the maximum level specified by the Reliability Standard, a Low Reserve Condition is identified.
For more information about how AEMO implements the reliability standard, please view the Reliability Standard Implementation Guidelines (RSIG) available on AEMO's website at https://www.aemo.com.au/Electricity/National
Forecasting
AEMO
-- May 2025 - May 2026 in New South Wales.
AEMO declares low reserve conditions in accordance with clause 4.8.4 of the National Electricity Rules for the following region(s) and periods:
-- November 2025 - March 2026 in New South Wales when forecast demand exceeds supply under some circumstances.
Please note that MTPASA informs the market of potential reliability issues to allow the market to respond in the first instance, potentially avoiding the need for any AEMO intervention.
For further information, please refer to:
https://www.aemo.com.au/Electricity/National-Electricity-Market-NEM/Data/Market-Management-System-MMS/Projected-Assessment-of-System-Adequacy
This notice supersedes Market Notice 116498 published on 7 May 2024.
Background
As part of a broader process of implementing the reliability standard, AEMO runs the Medium Term Projected Assessment of System Adequacy (MTPASA) process weekly to forecast expected unserved energy levels over a two year period. If the expected annual unserved energy exceeds the maximum level specified by the Reliability Standard, a Low Reserve Condition is identified.
For more information about how AEMO implements the reliability standard, please view the Reliability Standard Implementation Guidelines (RSIG) available on AEMO's website at https://www.aemo.com.au/Electricity/National
Forecasting
AEMO
116604ADMINISTERED PRICE CAP13/05/2024 03:55:10 AM
[EventId:202] AP STARTED for ENERGY in NSW1 at 13 May 2024 03:55
AEMO ELECTRICITY MARKET NOTICE
Issued by Australian Energy Market Operator Ltd at 0355 hrs on 13 May 2024
ADMINISTERED PRICE PERIOD DECLARED in NSW1 region.
AEMO has determined that the rolling sum of the uncapped spot prices for the NSW1 region over the previous 2016 trading intervals has exceeded the cumulative price threshold (CPT) of $1,490,200.00.
In accordance with Clause 3.14.2(b) of the National Electricity Rules, AEMO has determined that an administered price period will commence at the trading interval starting 0405 hrs on 13 May 2024 and will continue through to the end of that trading day.
An administered price cap (APC) of 600 $/MWh will apply to all trading intervals during this administered price period. This APC will apply to spot prices and to all market ancillary service prices in the NSW1 region.
An administered floor price (AFP) of -600 $/MWh will apply to spot prices.
AEMO will continue to monitor the rolling sum of the uncapped spot prices and issue further Market Notices as required.
This is an AEMO autogenerated Market Notice.
Issued by Australian Energy Market Operator Ltd at 0355 hrs on 13 May 2024
ADMINISTERED PRICE PERIOD DECLARED in NSW1 region.
AEMO has determined that the rolling sum of the uncapped spot prices for the NSW1 region over the previous 2016 trading intervals has exceeded the cumulative price threshold (CPT) of $1,490,200.00.
In accordance with Clause 3.14.2(b) of the National Electricity Rules, AEMO has determined that an administered price period will commence at the trading interval starting 0405 hrs on 13 May 2024 and will continue through to the end of that trading day.
An administered price cap (APC) of 600 $/MWh will apply to all trading intervals during this administered price period. This APC will apply to spot prices and to all market ancillary service prices in the NSW1 region.
An administered floor price (AFP) of -600 $/MWh will apply to spot prices.
AEMO will continue to monitor the rolling sum of the uncapped spot prices and issue further Market Notices as required.
This is an AEMO autogenerated Market Notice.
116603ADMINISTERED PRICE CAP13/05/2024 03:55:00 AM
[EventId:201] AP ENDED for ENERGY in NSW1 at 13 May 2024 03:55
AEMO ELECTRICITY MARKET NOTICE
Issued by Australian Energy Market Operator Ltd at 0355 hrs on 12 May 2024
ADMINISTERED PRICE PERIOD ENDS in NSW1 region.
In accordance with Clause 3.14.2(b) of the National Electricity Rules, AEMO is notifying market participants that the administered price period declared for the NSW1 region in market notice 116591 will end at 0400 hrs on 13 May 2024.
This is an AEMO autogenerated Market Notice.
Issued by Australian Energy Market Operator Ltd at 0355 hrs on 12 May 2024
ADMINISTERED PRICE PERIOD ENDS in NSW1 region.
In accordance with Clause 3.14.2(b) of the National Electricity Rules, AEMO is notifying market participants that the administered price period declared for the NSW1 region in market notice 116591 will end at 0400 hrs on 13 May 2024.
This is an AEMO autogenerated Market Notice.
116602RECLASSIFY CONTINGENCY13/05/2024 11:18:39 AM
Cancellation: Reclassification of non-credible contingency event due to existence of widespread abnormal condition - NEM regions.
AEMO ELECTRICITY MARKET NOTICE.
AEMO considers the occurrence of a non-credible contingency event due to the widespread abnormal conditions advised in AEMO Electricity Market Notice 116572 is no longer reasonably possible and accordingly its classification has reverted to non-credible.
Cancellation time: 1115 hrs 13/05/2024.
Manager NEM Real Time Operations
AEMO considers the occurrence of a non-credible contingency event due to the widespread abnormal conditions advised in AEMO Electricity Market Notice 116572 is no longer reasonably possible and accordingly its classification has reverted to non-credible.
Cancellation time: 1115 hrs 13/05/2024.
Manager NEM Real Time Operations
116601MARKET INTERVENTION12/05/2024 02:03:16 PM
Cancellation - Possible intervention to manage power system security in SA region 13/05/2024
AEMO ELECTRICITY MARKET NOTICE
Cancellation - Possible intervention to manage power system security in SA region 13/05/2024
Refer Market Notice 116592
AEMO no longer foresees a possible requirement for intervention to manage power system security in SA region. The advice of possible intervention is cancelled from 1405 hrs 12/05/2024.
Manager NEM Real Time Operations
Cancellation - Possible intervention to manage power system security in SA region 13/05/2024
Refer Market Notice 116592
AEMO no longer foresees a possible requirement for intervention to manage power system security in SA region. The advice of possible intervention is cancelled from 1405 hrs 12/05/2024.
Manager NEM Real Time Operations
116600MARKET INTERVENTION12/05/2024 04:00:01 PM
Cancellation - AEMO Intervention Event - Intervention trading intervals - Direction SA region 11/05/2024
AEMO ELECTRICITY MARKET NOTICE
Cancellation - AEMO Intervention Event - Intervention trading intervals - Direction SA region 11/05/2024
Refer Market Notice 116587
The AEMO Intervention Event and all associated directions are cancelled from 1600 hrs 12/05/2024
Manager NEM Real Time Operations
Cancellation - AEMO Intervention Event - Intervention trading intervals - Direction SA region 11/05/2024
Refer Market Notice 116587
The AEMO Intervention Event and all associated directions are cancelled from 1600 hrs 12/05/2024
Manager NEM Real Time Operations