Client: Australian Electricity Retailer of
This product was developed for an Australian retailer of electricity that offers DSM products to reduce its exposure to the vulnerability of wholesale market prices. The utility sought voluntary load shedding by customers as a response to very high spot prices of electricity in the wholesale market. The tool compares 5 min interval data of the electricity wholesale market and customer load spanned over past 1 year. It then generates detailed reports that outline summary of high pool price events, risk exposure to the utility during such events, benefits of reduced risk exposure due to load reduction by the customer and distribution of benefits to both customer and the retailer.