CONTACT: TenderSearch 1800TENDER(1800836337)
EOI- Reliability and Emergency Reserve Trader (RERT)
AEMO is seeking expressions of interest for the provision of long notice reserve for summer 2017/18 in Victoria and South Australia (combined requirement), under the Reliability and Emergency Reserve Trader (RERT) provisions.
AEMO is also seeking expressions of interest from entities in Victoria, South Australia, Tasmania, Queensland, New South Wales and the Australian Capital Territory who may be able to provide reserve energy on short and medium notice as part of a RERT panel.
More detail is available in the expression of interest documents:
Expression of Interest for Long Notice RERT
Expression of Interest for RERT Panels
What is RERT?
The Reliability and Emergency Reserve Trader is a function conferred on AEMO to maintain power system reliability and system security using reserve contracts.
AEMO’s powers and obligations relating to RERT are set out in three areas:
National Electricity Rules 1
RERT Guidelines published by the Reliability Panel.
Procedure for the Exercise of Reliability and Emergency Reserve Trader
AEMO may procure long notice reserve through invitations to tender where it has 10 weeks or more notice of projected shortfall.
Alternatively, AEMO may maintain a panel of RERT providers that can provide short notice (between three hours and seven days) and medium notice (between ten weeks and seven days) reserve if required and for whom technical details are pre-agreed. Panel members for short notice RERT agree on prices when appointed to the panel, whereas panel members for medium notice RERT do not, and prices are negotiated if and when reserve is required.
The RERT panel allows AEMO to run an expedited tender process in short and medium notice situations, as the tendering process is pre-agreed and makes use of pre-determined agreements and standard tender forms.for more information on this and more please visit TenderSearch at: www.tendersearch.com.au