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[EventId:197] AP STARTED for ENERGY in NSW1 at 08 May 2024 19:45
Issued by Australian Energy Market Operator Ltd at 1945 hrs on 08 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 1955 hrs on 08 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.
PDPASA - Cancellation of the Forecast Lack Of Reserve Level 2 (LOR2) in the NSW Region on 09/05/2024
The Forecast LOR2 condition in the NSW region advised in AEMO Electricity Market Notice No.116545 is cancelled at 1915 hrs 08/05/2024.
Manager NEM Real Time Operations
PDPASA - Forecast Lack Of Reserve Level 2 (LOR2) in the NSW Region on 09/05/2024
AEMO declares a Forecast LOR2 condition under clause 4.8.4(b) of the National Electricity Rules for the NSW region for the following Period:
[1.] From 1730 hrs 09/05/2024 to 1800 hrs 09/05/2024.
The forecast capacity reserve requirement is 862 MW.
The minimum capacity reserve available is 721 MW.
AEMO is seeking a market response.
AEMO has not yet estimated the latest time at which it would need to intervene through an AEMO intervention event.
Manager NEM Real Time Operations
STPASA - Cancellation of the Forecast Lack Of Reserve Level 2 (LOR2) in the NSW Region on 08/05/2024
The Forecast LOR2 condition in the NSW region advised in AEMO Electricity Market Notice No. 116502 is cancelled at 1100 hrs 07/05/2024.
No LOR2 condition is currently forecast in the STPASA period.
AEMO Operations
STPASA - Forecast Lack Of Reserve Level 2 (LOR2) in the NSW Region on 08/05/2024
AEMO declares a Forecast LOR2 condition under clause 4.8.4(b) of the National Electricity Rules for the NSW region for the following period:
From 1700 hrs to 1800 hrs 08/05/2024.
The forecast capacity reserve requirement is 1198 MW.
The minimum capacity reserve available is 973 MW.
AEMO is seeking a market response.
AEMO has not yet estimated the latest time it would need to intervene through an AEMO intervention event.
AEMO Operations