EUAA Submission: Reliability Forecast Guidelines Issues Paper
Emily Wood | December 17, 2020
‘Our overall concern about the approach AEMO is taking is that it is, in many cases, effectively forecaster and arbitrator of whether stakeholder concerns about its forecasting methodology are valid. This is simply illustrated by this process, where AEMO, rather than the AEMC in a rule change situation, is assessing the veracity of submissions that point to limitations in what AEMO is proposing. In our view AEMO has a conservative approach to forecasting and that it has every incentive to continue this approach because it does not face the costs of that conservatism, only the reputational damage if the lights go out, irrespective of whether the reliability standard is still met. It is our members, and consumers generally, who pick up the tab.
This brief submission:
- Supports the comments made by ERM Power in its submission on this matter, and
- Adds further comments on the Industry Engagement section…’
Please download attached to read full submission.
