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 proposes a draft value of $167,600 per MW per year for the Maximum Reserve Capacity Price.
The IMO now invites submissions from all sectors of the Western Australian energy industry, including end users, on the proposed new price. Guidelines for submissions can be found in the draft report. The deadline for submissions is 4 pm Western Standard Time on Friday 5 December 2014.
Copies of the 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