Notes from AEMO Consumer Energy Resources Workshop #1

  • Consumer Energy Resources (think solar, batteries, EVs) are growing fast and are forecast to make up 45% of dispatchable capacity in the market.
  • A market that has been built around a smaller number of generation assets will literally become millions of different, small, distributed assets in future.
  • This will constrain the market, the network and frustrate consumers who have spent money expecting to gain a positive return (either less energy costs or rebate against their investment).

 

This is the data transition – deep opportunity for those who start planning early.

  • The industry is discussing a central data capability to share data related to these assets between the parties that need them.
  • This could drive better network management and planning, market efficiency, reduced customer costs, foster greater innovation and provide choice for consumers.
  • Data is being recognised as key in this –removing the current point-to-point approach to a more standardised approach will allow this to happen at scale.
  • This creates opportunities and obligations for Aggregators, Retailers and DNSPs, who will be expected connect to and use this exchange.

 

CER can provide a material source of system flexibility – benefiting all consumers – if we coordinate it.

Source: AEMO 2024 Integrated System Plan for the National Electricity Market, 26 June 2024

 

Source: AEMO Data Exchange Industry Co-Design Public Webinar, 6 June 2024

 

What you need to be thinking about.

  • It’s early stages. Expert working groups started in June.
  • The industry has started to share (and seek) views on potential use cases and principles – with the goal to provide consumer value and benefits.
  • Understanding the potential use cases for a Data Exchange will be critical to shape the initiative and business case.

Sample use cases discussed at the session:

  • Exchanging information on customer choices – think about the preferences that a customer with solar, battery and PV may be able to make (such as charge level preferences or price exposure limits). Allowing different parties to understand this information could open up better competition and value through better offers, innovation for new entrants, and at an aggregate level, better network management for DNSPs and AEMO.
  • Mass publishing of Dynamic Operating Envelopes (DOE’s) – which are created by DNSPs as the limits or guardrails for each device to produce energy. They need to set/allocate limits in order to manage the network and capacity. This currently is done direct to sites/devices, but the thought is that publishing these enables new opportunities for Retailers/Aggregators to enable customers to optimise their resources.
  • Retailer Flexibility Requests – where a Retailer could broadcast out a request to adjust flexible load (where they forecast a negative price event) and customers could choose to respond to the request.

 

There will be more discussions to come as this initiative is shaped throughout the remainder of the year. Look out for information from the remaining workshops and the consultation paper to be released later in the year.

For information so far, see AEMO’s introduction.

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Scaling Systems for Advanced Analytics
With Justin Kenny, Energy Queensland

The energy industry’s transition is underpinned by data and by data growth. With the latest rule change to accelerate the rollout of smart metering, we could see daily read volumes increase by 2.5 billion by 2030.

The big question is: how can we develop advanced analytics systems that can scale rapidly to manage this exponential data growth in any industry?

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1:00PM to 1:30PM followed by 15 minutes Q&A.