In-depth learning session - 18 February

Cost modelling and beyond: Properly assessing the risks of new energy generation projects

Facilitators:

Greg Thorpe
Executive Director
Oakley Greenwood

Angus Rich
Principal Consultant
Oakley Greenwood

Cau Thai
Principal Consultant
Oakley Greenwood

09:30
Revenue modelling for energy generation and battery storage
  • Introduction, meet other attendees
  • Understanding policy, technical and commercial drivers for investment
  • How might the drivers be changed by the post-2025 market design by the ESB

 

  • Know your potential market:

o essential (ancillary) services – RoCoF explained
o energy (including time shifting)
o network support
o capacity firming
o system strength
o inertia

  • Know your potential customer:

o Real time AEMO market
o AEMO contract
o TNSP contract
o Retailer contract
o Exchange trading
o (other) generator

11:00
Morning tea
11:30
Power system issues – FCAS, system strength, inertia and all that
  • Electrical v physical location
    o Resource potential
    o Network capability and constraints
  • Connection rights and obligations
    o Marginal Loss Factors
    -How are they used?
    -Assessing future values at specific locations
13:00
Lunch break
14:00
Energy Storage
  • Adding batteries for grid stabilisation
  • Capitalising on the speed with which batteries can respond
  • Discussion session to compete the day
15:30
End of workshop