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Reserve Capacity Mechanism
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In this section
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In this section
- National Electricity Market Overview - elearning and face-to-face
- National Electricity Market (NEM) Fundamentals
- National Electricity Market Overview - elearning
- Metrology for the NEM
- Network and Frequency Control Ancillary Service constraints in the NEM overview
- Understanding Market Settlement and Transfer Solution (MSATS)
- An overview of AEMO’s gas markets - elearning
- Overview of the Declared Wholesale Gas Market
- Overview of the Short Term Trading Market
- Gas Fundamentals
- Wholesale Electricity Market introduction
- Reserve Capacity Mechanism
- Energy Markets: STEM, Balancing and LFAS
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The Reserve Capacity Mechanism (RCM) education session provides background on the Wholesale Electricity Market (WEM) in Western Australia (WA), including the history of the RCM, with a strong emphasis on the features of the capacity market.
Course content:
- Information on annual publications like the WEM Electricity Statement of Opportunities.
- The concept of capacity credits.
- The certification process through which certified facilities can get paid to offer capacity into the market.
- Obligations certified facilities must meet to receive capacity payments.
- The consequences of a facility failing to meet its reserve capacity obligations.
- The different cost allocations captured through the individual reserve capacity requirement mechanism.
Learning outcomes:
Attendees of the course will gain in-depth knowledge into the RCM.
Course Dates:
Date Time Location 16 October 2019 9:00am – 12:30pm (AWST) Perth 20 November 2019 9:00am – 12:30pm (AWST) Perth Cost
- The course is free to WEM participants.
- Non-WEM participants: $165.
How to enrol
- Visit the AEMO Learning Academy.
- Click on the catalogue button to view courses.
For bulk enrolments (10 attendee or more), please contact wa@aemo.com.au.