The Australian Energy Market Commission will hold a public forum by webinar on 29 May 2020 to seek stakeholder views on the international experience with the core elements of reforms to better integrate new technologies into the national grid.
This forum is part of the Coordination of Generation and Transmission Investment (COGATI) reforms. The reforms will help ensure the cheapest, fastest and fairest path to a low-emissions energy future as the generation mix changes rapidly.
The measures we’re proposing have been successfully in place for decades in places including New Zealand, North America and Singapore.
The webinar will look at the overseas experience of locational marginal prices (LMP), which incentivise generators to factor congestion into where they locate, and financial transmission rights (FTRs), which will give generators a risk management tool to protect themselves against congestion. The webinar will build upon the work undertaken by NERA Economic Consulting for the AEMC, which can be found here.
The webinar will allow stakeholders to discuss and present on their experience of grid access arrangements in overseas markets and, based on their experiences of these markets, to provide input to the COGATI review on work currently under way to deliver draft rules implementing grid access reform to the COAG Energy Council by the end of 2020 as part of the Energy Security Board’s post 2025 market design process. We are taking the lead on this particular workstream of the ESB’s 2025 project .
Interested stakeholders can register for the forum here before 26 May 2020.
Once participants have registered, further details, pre-reading and an agenda will be sent to participants.
For information contact:
Forum participants: Russell Pendlebury at Russell.email@example.com
Media: Kellie Bisset, Media and Content Manager, 0438 490 041 or (02) 8296 7813