2014 Maximum Reserve Capacity Price (for 2016/17)
The IMO has prepared the Draft Report for the Maximum Reserve Capacity Price review for the 2014 Reserve Capacity Cycle, which requires capacity to be available from 1 October 2016 through to 1 October 2017.
The IMO proposes a draft value for the Maximum Reserve Capacity Price of $175,100 per MW per year.
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 4pm Western Standard Time on Wednesday 27 November 2013.
Copies of the various relevant documents can be found below.
Draft Report: Maximum Reserve Capacity Price Review for the 2016/17 Capacity Year [670kB]
MRCP Calculation Spreadsheet (Draft Report version) [51kB]
SKM report - Review of Maximum Reserve Capacity Price 2014 [880kB]
PwC report - Debt Risk Premium (Draft Report) [155kB]
WACC parameter calculation spreadsheet (Draft Report) [34kB]
Landgate - Land Values for Reserve Capacity Price [3MB]
Western Power - Total Transmission Cost Estimate for the MRCP for 2016/17 [590kB]
Submissions received during the consultation period
Alinta Energy [2MB]
Community Electricity [68kB]
Merredin Energy [306kB]