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Re:Megapack: Utility-Scale Energy Storage by caf on Tuesday July 30, 2019 @12:31AM (#20562152)
5 Minute Settlement is due to start on July 1, 2021.

https://www.aemo.com.au/Electricity/National-Electricity-Mar...

Re:Megapack: Utility-Scale Energy Storage by kirrent on Tuesday July 30, 2019 @12:50AM (#20562208)
And a wholesale demand management market looks like it'll be coming around the same time.
Re:Megapack: Utility-Scale Energy Storage by afarrell on Tuesday July 30, 2019 @02:47AM (#20562610)
Whats wrong with a bidding model for the bulk electricity market?
Re:Megapack: Utility-Scale Energy Storage by caf on Tuesday July 30, 2019 @03:33AM (#20562809)
This is a bidding market, it's just the granularity of the demand blocks in that market that's changing. It already uses 5 minute dispatch, but the settlement is on 30 minutes.