Over on WattClarity® we have previous contributed some thoughts about the development of this Negawatt Dispatch Mechanism – as a pathway (albeit not straight line) to a more fully functioning Two-Sided Market.
1) We’ll watch with interest to see what unfolds … and help our energy user clients in this changing environment.
2) More thoughts will be shared, as time permits, on WattClarity.
Leaders of the AEMC, AEMO and AER have come together to propose that the implementation of five minute settlement be delayed by 12 months in response to the impacts of COVID-19 on the energy industry.
The AER has published the latest notice concerning the Wholesale Demand Response Mechanism due to take effect later this year, with submissions on this paper open until the 23rd of April 2021.
On the 20th of April, the COAG’s Energy Council released a discussion paper exploring how to transition to a ‘two-sided market’ for electricity in Australia’s National Electricity Market as part of the transition to ‘NEM 2.0’.
Another submissions deadline is approaching as the market inches closer towards the planned implementation of the Wholesale Demand Response Mechanism (WDRM) in October 2021.
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