AER: reports on high ancillary services prices in South Australia in October 2017

“The Australian Energy Regulator (AER) monitors and reports on wholesale electricity markets. As part of this role, we report on events that result in wholesale electricity spot prices exceeding $5000 per megawatt hour (MWh) and frequency control ancillary services (FCAS) prices exceeding $5000 per megawatt (MW)…

Today we are publishing two reports into extreme pricing events in the FCAS markets in South Australia:

-13 & 14 October 2017 – Raise and lower regulation services around $10 000/MW

-24 October 2017 – Raise and lower regulation services over $11 000/MW”

Full AER post:

https://www.aer.gov.au/communication/aer-reports-on-high-ancillary-services-prices-in-south-australia-in-october-2017

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