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Energy Markets

WA’s Real-time Inertia Market: Design vs Outcomes

May 31, 2024

In October 2023, the Wholesale Electricity Market (WEM) in Western Australia introduced a real-time inertia market called the RoCoF Control Service (RCS). While the name of the service suggests broader possibilities, the current WEM rules define inertia as “the kinetic energy (at nominal frequency) that is extracted from the rotating mass of a machine coupled […]

Filed Under: Energy Markets Tagged With: inertia, WEM

WEM Quarterly Market Review – Q1 2024

April 4, 2024

This report presents an independent review of market outcomes from Western Australia’s Wholesale Electricity Market (WEM) in Q1 2024. Download the full report (PDF, 4.7 MB) See also the RenewEconomy article covering the report (8 April 2024). The material contained in the review is based entirely on publicly available data and is intended to complement […]

Filed Under: Energy Markets Tagged With: WEM

How to decipher NEMDE constraint equation formulations

February 2, 2024

This post was originally published on Linkedin on 24 April 2023. The way constraint equation data that is used in the NEM Dispatch Engine (NEMDE) is organised and publicly disseminated is not very intuitive. This article is an attempt to demystify and make sense of how NEMDE constraint equation formulations are structured and published. So […]

Filed Under: Energy Markets Tagged With: NEM, NEMDE

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