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Fast Frequency Response
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Energy storage and flexibility
Fast Frequency Response (FFR) market: Is the NEM prepared for a new market?
In July 2021, final rules were published to introduce two new market ancillary services – a very fast raise and very fast lower service. These markets would provide an FCAS contingency response faster than the existing 6-second market. The Fast Frequency Response (FFR) markets are set to commence on 9...
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Low carbon generation
Australian Chart of the week | “I feel the earth move under my feet”: from high to lows
We have seen a dramatic shift in FCAS price fortunes over the past year or so, going from all-time highs of ~$229.3mn in Q1 of 2020 (due to the separation event) to only ~$40.1mn in Q1 2021. Since 2019 we have also seen regulation raise prices decline from robust prices...
