Reserve Capacity Mechanism
Wholesale Electricity Market (WEM) courses are now offered in either virtual or in-person settings. Courses in Perth will be held in-person at AEMO's offices, and remain subject to any local physical distancing restrictions and/or gathering limits.
The Reserve Capacity Mechanism (RCM) education session provides background on the Wholesale Electricity Market (WEM) in Western Australia (WA), including the history of the RCM, with a strong emphasis on the features of the capacity market.
Course content:
- Information on annual publications like the WEM Electricity Statement of Opportunities.
- The concept of capacity credits.
- The certification process through which certified facilities can get paid to offer capacity into the market.
- Obligations certified facilities must meet to receive capacity payments.
- The consequences of a facility failing to meet its reserve capacity obligations.
- The different cost allocations captured through the individual reserve capacity requirement mechanism.
Learning outcomes:
Attendees of the course will gain in-depth knowledge into the RCM.
Course Dates:
Date |
Time |
Location |
Status |
---|---|---|---|
15 June |
9:00am-12:30pm |
Virtual |
Open for |
18 August |
9:00am-12:30pm |
Perth |
Opening |
19 October |
9:00am-12:30pm |
Virtual |
Opening |
Cost
- The course is free to WEM participants.
- Non-WEM participants: $150 (plus GST) per person.
How to enrol
- Visit the AEMO Learning Academy
- Click on the catalogue button to view courses
- Add the education course to the Cart
- Create an individual log in
You will also be able to access the AEMO e-learning and education catalogues.
For bulk enrolments (10 attendee or more), please contact wa@aemo.com.au.