Blackouts in South Australia Summer 2018?
Antony Stace
![Antony Stace]()
Antony Stace
Energy & Weather Derivatives | Parametric Insurance | Trading | Australia Power | Japanese Power JEPX | Power | Gas | Risk | Front Office Quant | PhD in Maths | ERCOT | PJM | TTF | JKM | エネルギーと天候 デリバティブ
Blackouts in South Australia next summer?While the 100MW battery and 200MW of diesel generation are good ideas,South Australia may still have blackouts this summer,check out AEMOS latest medium term outlook https://lnkd.in/fzk3wM2
Reserve Shortfall: Amount that (Generation + DSP + Net Import) available to the selected region falls below the (Demand + Reserve) requirement for that region.
DSP (Demand Side Participation): Total amount of committed demand reduction within the selected region in response to periods of high demand and high spot prices. DSP is forecast by AEMO based on annual surveys of Network Service Providers, Retailers and other Customers.
Risk Management Lead @Obsidian Digital | Master of Data Science | Master of Applied Finance
7 年Its easy to fix. Just shut off ALL industrial and commercial operations for summer. That'll work too. They don't vote anyway and that's what's important to decision makers. I can't recall, are there any industrial or commercial customers left after we charge them the highest electricity prices in the OECD? Or is everyone now in the new economy which doesn't use nearly as much power.