System security and reliabilityProject Australian Energy Council Double-Sided Causer Pays Study
This is the final report of the project which summarises all work done to date. This report includes recommended approach to a system design as well as an implementation strategy.
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.