Real-Time Rewards for Flexible Assets Assured by AEMO Reform

Real-time rewards for flexible assets assured by AEMO reform

The Australian Energy Market Operator's frequency performance payments reform future proofs the national electricity market setting real-time incentives for fast and flexible assets like batteries.The Australian Energy Market Operator (AEMO) has launched its frequency performance payments (FPP) reform, creating a significant shift in how national electricity market (NEM) participants are incentivised or penalised for their impact on frequency st…

AEMO launches NEM frequency payment reform - Energy Magazine

Image: CreativeIMGIdeas/stock.adobe.com The Australian Energy Market Operator (AEMO) is celebrating a milestone in the National Electricity Market (NEM) Reform Program, announcing the successful implementation of the Frequency Performance Payments (FPP) incentive.  Implemented […] The post AEMO launches NEM frequency payment reform appeared first on Energy Magazine.