Australian Chart of the week | Your hearts must have the courage for the changing of the guards

Policy and regulation changes in the National Electricity Market continue to accelerate with around 26 active rule changes underway. This week we wanted to look at the quantitative impact of one of the most talked about issues in the NEM this year – System Strength. There are currently 3 rule changes dealing directly with system strength issues that will have profound impact on the way in which the electricity grid is managed in the coming decades:

  • Efficient management of system strength on the power system
  • Synchronous services markets
  • Capacity commitment mechanism for system security and reliability services

As well as the broader AEMC “Investigation into system strength frameworks in the NEM”, and the Energy Security Board’s Post 2025 Market Design work under the Essential System Services workstream.

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