This report quantitatively examines some key issues identified in the Inception Report. It also presents and gives examples of a calculation methodology for a version of Double-Sided Causer Pays (DSCP), a special implementation of Frequency Deviation Pricing (FDP).
Report extract
This report aims to examine quantitatively some key issues identified in the Inception Report. It also presents and gives examples of a calculation methodology for a version of Double-Sided Causer Pays (DSCP), a special implementation of Frequency Deviation Pricing (FDP). The Final Report for the project will attempt to specify and justify particular design and parameter choices.
In this report we:
- analyse recent frequency control performance in the NEM and the scope for improvement;
- analyse the potential sources of metering error if SCADA metering is used; and
- set out one variation of the pricing and settlement logic proposed for DSCP, with an example based on real historical 4 second data.
We also have under development a more detailed technical model to illustrate the workings of FDP/DSCP under various design choices and under different scenarios, such as a renewable dominated scenario expected in, say, 10 years hence. However, we have chosen to focus in this report on developing tools to analyse historical data. We will further develop our forward-looking technical model for later use in consultations on the project and after.
