2015 Maximum Reserve Capacity Price (for 2017-18)
The IMO has prepared the draft report for the Maximum Reserve Capacity Price review for the 2015 Reserve Capacity Cycle, for the 2017-18 Capacity Year running from 1 October 2017 to 1 October 2018.
The IMO proposed a draft value of $167,600 per MW per year for the Maximum Reserve Capacity Price.
The consultation period has now closed. During the consultation period the IMO received 2 submissions, which can be found below.
The final report is due to be published by the IMO by 5 pm on 31 January 2015, subject to review and approval by the Economic Regulation Authority (ERA).
Copies of the various relevant documents can be found below.
Draft Report: Maximum Reserve Capacity Price Review for the 2017/18 Capacity Year
MRCP Calculation Spreadsheet (Draft Report version)
Jacobs Report - Review of Maximum Reserve Capacity Price 2015 (for 2017/18)
PwC Report - Debt Risk Premium Draft Report
Landgate - Land Values for Reserve Capacity Price
Western Power - Total Transmission Cost Estimate for the MRCP for 2017/18
WACC parameter calculation spreadsheet for Draft Report
Submissions received during the consultation period