Response to Victorian news headlines
- 2017 Western Australian Gas Staement of Opportunities
- Media Release: New wholesale contracts needed to shore up Western Australia’s domestic gas supplies
- Media release - AEMO Power of Choice
- High November electricity demand across South Australia and Victoria
- AEMO releases summer readiness report for 2017-18
- AEMO market notifications explained - what does a 'lack of reserve' mean?
November 23, 2017 - 7:50 AM
I was frustrated to read the article ‘Power plant failures push energy grid to the edge’.
At AEMO, we pride ourselves on being open and transparent in all our communication, we have done so in the name of public interest since day one.
The trigger for the hysteria in the article appears to have been a standard market notice issued to market participants in the industry, known as a LOR notice.
A LOR notice, known as Lack of Reserve, is a mechanism by which AEMO communicates the short-term reduction in pre-determined electricity reserve levels.
At a level 1, to which this notice was, there is no impact to power system security, nor the potential for blackouts in parts of the state.
AEMO is working actively with Commonwealth and State governments and the energy industry so the NEM power system can be in a much stronger position for this summer and into the future.
Part of our role is to communicate to industry as a means of ensuring they are fully aware of any actions they may see fit to take in their daily operations. Attempting to unnecessarily alarm the public is not only irresponsible but can lead to a loss of their trust when a day does come when they are actually required to act.
For AEMO and our industry, regaining consumer confidence in the reliable operations of the system this summer is crucial. Sensationalising this issue is both unnecessary and unhelpful.
MD and CEO, AEMO
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