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.
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.