Back in late 2020 we had a look at the impact that an electric vehicle (EV) charging investment would have on the network costs for a 24/7 retail business
Energy project modeling in the Australian National Electricity Market
NEM Market
Australia’s National Electricity Market (NEM) covers Queensland, New South Wales, Victoria, South Australia, and Tasmania. It is an energy-only gross pool Spot market with 5-minute settlement, and includes Frequency Control Ancillary Services (FCAS) and Wholesale Demand Response (WDR).
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In September 2020, the US Federal Energy Regulatory Commission issued Order 2222, which removed barriers to the participation of distributed energy resources (DERs) in wholesale electricity markets for energy, capacity, and ancillary services.
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New Price Floor Milestone for Western Australian Wholesale Energy Market
Today the Western Australian Wholesale Energy Market hit the price floor of -$1000/MWh for the first time on a weekday.
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