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STPASA - Update of the Forecast Lack Of Reserve Level 2 (LOR2) in the NSW Region on 20/05/2024
The Forecast LOR2 condition in the NSW region advised in AEMO Electricity Market Notice No. 116641 has been updated at 1000 hrs 17/05/2024 to the following:
From 0600 hrs 20/05/2024 to 0830 hrs 20/05/2024.
The forecast capacity reserve requirement is 1240 MW.
The minimum capacity reserve available is 868 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
STPASA - Forecast Lack Of Reserve Level 2 (LOR2) in the NSW Region on 20/05/2024
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 0600 hrs to 0730 hrs 20/05/2024.
The forecast capacity reserve requirement is 1126 MW.
The minimum capacity reserve available is 1121 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
[EventId:203] AP ENDED for ENERGY in NSW1 at 15 May 2024 03:55
Issued by Australian Energy Market Operator Ltd at 0355 hrs on 14 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 116607 will end at 0400 hrs on 15 May 2024.
This is an AEMO autogenerated Market Notice.
[EventId:203] AP STARTED for ENERGY in NSW1 at 14 May 2024 03:55
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.
[EventId:202] AP ENDED for ENERGY in NSW1 at 14 May 2024 03:55
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.
[EventId:202] AP STARTED for ENERGY in NSW1 at 13 May 2024 03:55
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.
[EventId:201] AP ENDED for ENERGY in NSW1 at 13 May 2024 03:55
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.
[EventId:201] AP STARTED for ENERGY in NSW1 at 12 May 2024 03:55
Issued by Australian Energy Market Operator Ltd at 0355 hrs on 12 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 12 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.
[EventId:200] AP ENDED for ENERGY in NSW1 at 12 May 2024 03:55
Issued by Australian Energy Market Operator Ltd at 0355 hrs on 11 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 116581 will end at 0400 hrs on 12 May 2024.
This is an AEMO autogenerated Market Notice.