cover image: AEMO FPP external high level technical data design SUPERSEDED

20.500.12592/nk98zsn

AEMO FPP external high level technical data design SUPERSEDED

21 Apr 2024

1.3 Document outline The following sections of this document cover: • Purpose of the new FPP regime – Summarises the AEMC’s stated rationale for, and intended outcomes from, this reform (section 2) • The FPP calculation – Explains how the multiple elements of FPP will be derived, used and reported (section 3). [...] Primary Frequency Response Incentive Arrangements rule change – purpose and key elements The changes AEMO is implementing in the FPP reform initiative are the result of the AEMC’s final determination in the Primary Frequency Response Incentives Arrangements rule change.1 This section summarises the AEMC’s stated purpose for the new PFR incentive arrangements and identifies the key elements of the. [...] 2.1 Purpose of the new rules As the adoption of inverter-based resources continues to increase, new measures are required to support the operation of the power system in accordance with the standards stipulated in the Frequency Operating Standard (FOS). [...] • Date and time of the pre-dispatch run (DD/MM/YYYY HH:MM:SS) • Date and time of the trading interval (DD/MM/YYYY HH:MM:SS) • ConstraintID (binding constraint ID from FCAS data used in FPP calculations) • Bidtype (the bid type saved in relation to constraint ID from FCAS data used in FPP calculations) • Unused recovery FCAS in AUD (the financial estimate of the recovery of unused FCAS calculated f. [...] • Date and time of the pre-dispatch run (DD/MM/YYYY HH:MM:SS) • Date and time of the trading interval (DD/MM/YYYY HH:MM:SS) • ConstraintID (binding constraint ID from FCAS data used in FPP calculations) • Bid type (the bid type saved in relation to constraint ID from FCAS data used in FPP calculations) • Unused recovery FCAS in AUD (the financial estimate of the recovery of unused FCAS calculated.

Authors

Oliver Derum

Pages
37
Published in
Australia