The Public Interest Advocacy Centre (PIAC) responded to the Australian Energy Market Commission’s (AEMC) draft determination on a rule change to introduce markets for Fast Frequency Response (FFR) market ancillary services.
PIAC supports the AEMC’s decision to introduce markets for FFR. Specifically, a very fast raise service and a very fast lower service. These markets are necessary as the energy system transitions to zero-emissions and they will help bring the transition forward.
However, PIAC does not support the AEMC’s proposal to allow three years for the implementation of the rule and consider it should be shortened. We consider this timeframe is unwarranted and will result in unnecessary costs to consumers and a slower energy transition.