Market Review: Pending
On 24 June 2020 the AEMC issued terms of reference to the Reliability Panel (Panel) to review the system restart standard (SRS).
The SRS specifies requirements applying to AEMO’s procurement of system restart ancillary services (SRAS) which are used to restart the power system in the event of a major supply disturbance or black system event.
The Commission has issued terms of reference for a review of the SRS to account for changes made to the SRAS frameworks made by the final rule for the System restart services, standards and testing rule change (SRAS rule). This includes changes to the types of services AEMO can procure as SRAS, which should be reflected in the SRS. The SRAS rule, made on 2 April 2020, included transitional provisions which require the Panel to review the SRS as soon as practicable following the commencement of the final rule.
The Commission intends to publish an issues paper for the review in August.