Reserve Capacity Mechanism

With ongoing physical distancing restrictions in place nation-wide, all AEMO instructor-led courses will be delivered virtually until further notice.

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.

The final Wholesale Electricity Market Amendment (Tranches 2 and 3 Amendments) Rules 2020 (Amending Rules) were released on 24 December 2020. These Amending Rules will change the way the Reserve Capacity Mechanism (RCM) operates for both AEMO and Market Participants.

Amendments that will affect the 2021 Reserve Capacity Cycle include provisions for Electric Storage Resources while the Network Access Quantity will commence for the 2022 Reserve Capacity Cycle.

AEMO is currently reviewing the Amending Rules and will need to redevelop the training material to reflect the changes. In light of this, AEMO has cancelled the detailed RCM training session for February 2021. Everyone registered for the February course will be automatically transferred to the scheduled April course, and will also be contacted directly. The Wholesale Electricity Market introduction course in February will be revised to provide a high-level overview of RCM concepts.

In the interim, if you have any questions related to training or the Amending Rules, please contact the Reserve Capacity (WA) team at wa.capacity@aemo.com.au

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 Status 

17 February 2021

9.00am – 12.30pm (AWST)

Virtual

Cancelled

21 April 2021

9.00am – 12.30pm (AWST)

Virtual

Open for enrolments

23 June 2021 

9.00am – 12.30pm (AWST)

Virtual

Open for enrolments

Cost
  • The course is free to WEM participants.
  • Non-WEM participants: $150 (plus GST) per person.
How to enrol
  • Visit the AEMO Learning Academy.
  • Click on the catalogue button to view courses.
  • Add the education course to the Cart.
  • Create an individual log in.

You will also be able to access the AEMO e-learning and education catalogues.

For bulk enrolments (10 attendee or more), please contact wa@aemo.com.au.

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