The Australian Energy Market Commission (AEMC) will deliver a draft determination for the Enhancing Reserve Information rule change (formerly Operating Reserves) by 14 December 2023.
The extension allows more time to consult with our stakeholders in response to the issues raised in submissions to the directions paper.
Operating reserves, or “stand-by power sources” are important for managing system reliability and are implicitly provided by generation or other resources (such as storage) that are available but have not been scheduled for dispatch.
The Commission has taken steps to consolidate two rule change requests received from Delta Electricity (ERC0307) and Iberdrola Australia (ERC0295). Both requests relate to considering arrangements for forecast uncertainty and variability given with the expansion of variable renewable energy sources.
The consolidated rule change request will continue under the project name Enhancing Reserve Information and project code ERC0295, which better encapsulates the direction of the project as outlined in the directions paper.
The AEMC has been engaging with a range of stakeholders, through submissions, meetings and technical working groups, and will continue to consider their feedback to understand how best to manage power system reliability in the transition to a new operating environment.
Visit the project page for more information and contact details.