Become an instant expert. Specifically for professionals new to the energy sector, this masterclass will take you through some of the multiple agencies and major players in the Australian market. Designed for junior to middle managers who do not have experience in Australia’s energy industry. If you are still figuring out the difference between DR and DER, this day is for you.
Upon completion of the workshop, attendees will:
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Understand the roles of key players in the industry, and how they interact
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Be aware of current issues in the industry
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Have insights into future challenges and opportunities in the Australian energy transition
The morning will be led by David Prins, focussing on identifying the important bodies and regulators and current state of play.
Who’s who in Australian energy, and how they interact
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Identifying the major players, the laws and rules that govern how they interact, what are their objectives, and a host of acronyms and what they mean
What is happening now; future challenges and opportunities
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Current issues – including affordability, duck curves, Integrated System Plan, government interventions, and other topical issues
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Future challenges and opportunities including consumer-led transition and the future of gas
The afternoon is an introduction to the National Electricity Market (NEM) and its role as a wholesale commodity exchange for electricity on Australia’s eastern and south-eastern coasts. Participants will be guided by Susan Taylor, who was at the coal face when the NEM was designed and introduced in the late 1990’s, and drafted the first version of the National Electricity Code, which later became the National Electricity Rules.
Dissecting the geography of the NEM operation and its critical interconnectors
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Examining the aims of the NEM in the 90’s and issues that have since arisen with the original design
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Operating a spot market where supply and demand are matched in real time through a centrally coordinated dispatch process
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The role of participants, AEMO, the AER and the AEMC in market operations
Defining the role of retailers in managing risk on behalf of their customers
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Comparing “energy only gross pool” with markets with capacity payments
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What are PPAs and how do they work
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AEMO’s role in maintaining a secure system and the integration of renewables