We took particular note in the reference made to OneSteel’s curtailment of load at the times of peak price, and that they have utilised this approach as a means for securing (significantly) lower average cost of electricity over a year.
As you may be aware, we supply our deSide (www.deSide.info) software as a means for informing OneSteel of the timing of these curtailment opportunities.
One of three founders of Global-Roam back in 2000, Paul has been CEO of the company since that time.
As an author on WattClarity, Paul's focus has been to help make the electricity market more understandable.
Some ideas that I have been puzzling over – about the overlaps and contradictions between 3 rule changes under consideration at the AEMC currently
1) The Demand Response Mechanism (better known as the Negawatt buyback mechanism)
2) The Bidding in Good Faith deliberation
3) The Requirement for Price-Responsive (large) Demand to bid into central dispatch
With Q2 drawing to a close, we’re gearing up to produce GenInsights Quarterly Update for this quarter. Timely to look back at Q1 at what was reported about curtailment of wind and solar in that earlier Quarterly Update.
Returning to the theme of analysis of Q2 prices (completed in 2017 and 2016 due to Q2 historically being an uneventful period) we see that prices have backed off from the “off the charts” level of 2017, but are still much higher in all regions than most other regions. In some cases results are second worst in 20 years.
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