23
Hugh
Outhred: Wind Energy in the Australian National Electricity Market
Conclusions
§Wind
energy is a complex, stochastic resource:
–Tests
the robustness of electricity industry restructuring:
§Management
of power system security (information, aggregtion)
§Effectiveness
of market design, including aggregation issues
§Network
investment protocols, including aggregation issues
§Integration
& consistency of overall approach
§Australian
NEM is reasonably prepared:
–Single,
accountable (spot) market & system operator
–Coherent,
integrated security & market design
§More
work needed:
–Aggregated
derivative markets; network investment