Dr. Honey asks about the source of AEMO's reserve capacity payments for 2022-23. The answer explains that the cost is allocated across energy retailers based on their contribution to system reserve capacity requirements.

AnsweredQoN 1005Legislative Assembly
Asked
13 March 2024
Portfolio
Energy

QuestionView source ↗

I refer to Question on Notice 858 regarding AEMO's reserve capacity payments, and I ask: (a) From where did AEMO source the $3,220,725.39 paid for reserve capacity for 2022-23?

AnswerView source ↗

Answered
16 April 2024
Responded by
Minister for Energy
Response time
5 days
a)      The total reserve capacity procured in the Wholesale Electricity Market is allocated by the Australian Energy Market Operator across all market participants serving loads (energy retailers) on the basis of these loads’ Individual Reserve Capacity Requirements (i.e. their contribution to the system reserve capacity requirements). This includes any supplementary reserve capacity required in a capacity year.

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