Reserve Capacity Mechanism

The Reserve Capacity Mechanism (RCM) education session provides background on the need for RCM, and associated principles and features in the Western Australian Wholesale Electricity Market (WEM).

Attendees are expected to have some prior knowledge of the WEM or have participated in the WEM Introduction course. It is also highly recommended that all attendees read the New Entrant Guide prior to the course.

This course is delivered in-person or fully online over one half-day. This course would benefit both existing Market Participants and future proponents intending to participate in the RCM.

Course content

• Overview and Introduction of the RCM
• The Certified Reserve Capacity process
• The concept of Capacity Credits
• Obligations of Facilities assigned Capacity Credits
• Consequences of failing to meet Reserve Capacity obligations
• Reserve Capacity pricing
• The NAQ framework
• Overview of additional capacity mechanisms
• Reserve Capacity Settlements  

Learning outcomes

Attendees will gain an in-depth knowledge into the Reserve Capacity Mechanism and how this supports the WEM.

Cost

$220 per person ($200 plus 10% GST) for non-WEM Participants

Free for WEM Participants (please see the fee-waiver instructions and eligibility in the course description on the AEMO Learning Academy)

Course dates

How to enrol

• Visit the AEMO Learning Academy
• Click on the Catalogue button to view all available courses
• Add the relevant course(s) to your Shopping Cart
• Create an individual login during the Checkout process

For more information, please contact [email protected]