The Australian Energy Market Operator (AEMO) has issued Market
Notice 57357 today (Friday 10 Feb 2017) that states -
Quote:
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Originally Posted by AEMO Market Notice 57357
Update - FORECAST LACK OF RESERVE LEVEL 3 (LOR3) in the New South Wales region- PD PASA.
AEMO ELECTRICITY MARKET NOTICE
Update - FORECAST LACK OF RESERVE LEVEL 3 (LOR3) in the New South Wales region- PD PASA.
Refer to AEMO Electricity Market Notice 57339
AEMO declares forecast LOR3 condition for the NSW Region for the following period.
Friday 10th February 2017 from 1600 hrs to 1700 hrs
The minimum reserve available is -77
This calculation is based on a LOR3 trigger level of 0 MW.
AEMO is seeking a market response.
AEMO will determine the latest time at which it would need to intervene through an AEMO intervention event.
Manager NEM Real Time Operations
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LOR3 stands for Lack of Reserve level 3 - the highest designation.
When the notice was issued, the AEMO are projecting that the
amount of electricity NSW will be consuming today between 16:00 AEST
and 17:00 AEST exceeds that which operators have bid for.
AEMO has the power to intervene and request a power provider
come online and provide power at the market price that would have
likely been paid at that moment if they had not intervened - currently
estimated at $14,000/MWh, much higher than the current $299MW/h.
At LOR3, AEMO's charter states -
Quote:
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Originally Posted by AEMO
Lack of Reserve Level 3
Action -
When AEMO considers that customer load (other than ancillary services or contracted
interruptible loads) would be, or is actually being, interrupted automatically or manually
in order to maintain or restore the security of the power system.
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In other words, AEMO may ask network operators to cut the power to
various parts of the state in order to save the entire grid from collapsing.
In practical terms, this means if you live in NSW, you might want to
prepare yourself for the possibility of a blackout today this afternoon.
Hopefully that won't happen.
However, if you have elderly family members, make sure that they
are prepared just in case they are affected.
And if your computer is not on a UPS, be sure to save your work regularly.