Publishing of reserve contract details Notices published in accordance with section 8 of the RERT Guidelines, including: • the name of each reserve contract counterparty; and • the volume and timing of the reserve contracted under each reserve contract will be published on AEMO’s website. [...] All unscheduled reserve contracts will require the provider of the unscheduled reserves to ensure that the unscheduled reserves the subject of the unscheduled reserve contract are not otherwise engaged for any of the trading intervals to which the contract with AEMO relates. [...] Selection of the particular reserve to be dispatched or activated will be based on a number of factors including, but not limited to the following: • ability to meet the requirement • cost • size of reserve blocks • length of dispatch or activation times AEMO | Doc Ref: SO_OP_3717 | 3 June 2024 Page 9 of 13 Procedure for the Exercise of the Reliability and Emergency Reserve Trader • dispatch or ac. [...] Enablement Lead Time means the maximum period required from the time the Reserve Provider receives an enablement instruction until the reserve equipment is: AEMO | Doc Ref: SO_OP_3717 | 3 June 2024 Page 10 of 13 Procedure for the Exercise of the Reliability and Emergency Reserve Trader (a) synchronised and its loading level becomes equal to the minimum operating level for slow start plant; (b) rea. [...] The reserve schedule ensures the PASA reserve calculation is accurate by modifying the load forecast to take into account the reduction in scheduled demand due to the activation of unscheduled reserve.
Authors
- Pages
- 13
- Published in
- Australia
Table of Contents
- Current version release details 3
- 1. Introduction 4
- 1.1. Purpose and scope 4
- 1.2. Definitions and interpretation 4
- 1.2.1. Glossary 4
- 1.2.2. Interpretation 4
- 1.3. Related documents 5
- 2. RERT Panel recruitment 5
- 3. Publication of notices 5
- 3.1. Notice of intention to commence reserve contract negotiations 5
- 3.2. Publishing of reserve contract details 5
- 4. Ensuring reserves are not otherwise offered to the market 5
- 4.1. Unscheduled reserves 5
- 4.2. Scheduled Reserves (including in relation to wholesale demand response units and bidirectional units) 6
- 5. Determining the term and quantity of reserves to be contracted 6
- 5.1. Trigger for determination 6
- Reserve contracts for interim reliability reserves 7
- 5.2. Term and target quantity 7
- Long-notice and medium-notice RERT 7
- Short-notice RERT 8
- Interim reliability reserve contracts 9
- 5.3. AEMO to consider effectiveness of reserve 9
- 6. Basis for determining the estimated average VCRS 9
- 7. Methodology to dispatch and activate reserve contracts 9
- 7.1. Communication 9
- 7.2. Selecting reserve blocks 9
- 8. Dispatch of scheduled reserve 10
- 8.1. Key terminology 10
- Figure 1 Timeline for fast response reserve (Forecast LOR2 from T2 to T5) 10
- Figure 2 Timeline for slow response reserve (Forecast LOR2 from T3 to T6) 10
- 9. Activation of unscheduled reserve 11
- 9.1. Key terminology 11
- Figure 3 Timeline for fast response unscheduled reserve (Forecast LOR2 from T2 to T5) 11
- Figure 4 Timeline for slow response unscheduled reserve (Forecast LOR2 from T3 to T4) 12
- Version release history 13
