Reserve Capacity Mechanism
Wholesale Electricity Market (WEM) courses are now offered in either virtual or in-person settings. Courses in Perth will be held in-person at AEMO's offices, and remain subject to any local physical distancing restrictions and/or gathering limits.
The Reserve Capacity Mechanism (RCM) education session provides background on the Wholesale Electricity Market (WEM) in Western Australia (WA), including the history of the RCM, with a strong emphasis on the features of the capacity market.
Course content:
- Information on annual publications like the WEM Electricity Statement of Opportunities.
- The concept of capacity credits.
- The certification process through which certified facilities can get paid to offer capacity into the market.
- Obligations certified facilities must meet to receive capacity payments.
- The consequences of a facility failing to meet its reserve capacity obligations.
- The different cost allocations captured through the individual reserve capacity requirement mechanism.
Learning outcomes:
Attendees of the course will gain in-depth knowledge into the RCM.
Course Dates:
| Date |
Time |
Location |
Status |
|---|---|---|---|
|
23 February |
9:00am-12:30pm |
Perth |
Completed |
|
There are currently no further sessions of the WEM Introduction, Reserve Capacity Mechanism or WEM: Power Systems & Energy Markets scheduled for 2023. AEMO is in the process of developing training material for the new market as part of the WEM Reform program. Stakeholders will be advised when courses have been scheduled. AEMO may consider running WEM Introduction courses as required if demand permits. To register your interest please email wa@aemo.com.au. |
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Cost
- The course is free to WEM participants.
- Non-WEM participants: $150 (plus GST) per person.
How to enrol:
- Visit the AEMO Learning Academy
- Click on the catalogue button to view courses
- Add the education course to the Cart
- Create an individual log in
You will also be able to access the AEMO e-learning and education catalogues.
For more information, please contact energyeducation@aemo.com.au
For bulk enrolments (10 attendee or more), please contact wa@aemo.com.au.