11 Feb 2021
Submissions Due: 11th February, 2021
The Australian Energy Market Commission (AEMC) have just released an options paper relating to integrating energy storage into the grid.
Click here to view the options paper.
In a bid to unlock a two-sided market, the Australian Energy Market Operator (AEMO) submitted a rule change request that aims to support the participation of storage systems in the national electricity market (NEM).
The current options paper builds upon the consultation to AEMO’s rule change which received 38 submissions and the Energy Security Board’s (ESB) two-sided market work as part of its post-2025 market design.
The purpose of the options paper submission is to give stakeholders the opportunity to provide comment on a range of issues that have been raised throughout the consultation process. The issues include:
- Registration and participation
- Scheduling, dispatch and performance standards
- Non-energy cost recovery
- Additional storage-related issues (connection, ancillary services, registration of DC-coupled systems
Create a Policy Strategy with Nexa Advisory
The AEMC is seeking stakeholder input and engagement on the options paper for integrating energy storage into the grid. The reforms will impact a range of interests across the market. A pro-active first step for market participants is to develop a policy position to understand how this market reform may impact your organisation.
Contact Nexa Advisory about what these changes and reviews might mean for your business and help you create and implement policies that shape the energy system and position you for success.