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Regulation
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Press Releases
Peak raise regulation FCAS volumes drop by 72MWs
Analysis from Cornwall Insight Australia shows an evident change in regulation Frequency Control Ancillary Services (FCAS) enablement from December onwards, with a 72 MW drop in FCAS volumes. December 2019 to March 2020 average volume peaks at approximately 315MW while 12 months later it peaks at 242MW. Overall, there is...
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Press Releases
Battery storage increasingly setting the price in FCAS markets
Research from Cornwall Insight Australia shows a clear trend in regulation raise price setting in the Frequency Control Ancillary Services (FCAS) market with respect to battery storage. In fact, in Q119, batteries were only involved in ~2.22% of instances. This has increased to ~3.73% in Q120 and is now at...
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Press Releases
Solar power responsible for paying 20% of total FCAS regulation costs
Latest research from Cornwall Insight Australia shows that solar farms are responsible for paying somewhere between 10%-20% of total regulation FCAS costs in any given month (see Figure 1). This is disproportionate to solar’s energy generation in the NEM, which in FY20, was only ~3%. In contrast, wind is far...
