Transpower as System Operator provides software specifications for core market system solvers. Software specifications are used as the basis for software audits and by industry participants to assist in their understanding of how the Wholesale Electricity Market functions.
RMT Specification
This document is the functional specification for the System Operator’s Reserve Management Tool (RMT). This application software is used by the System Operator to calculate the instantaneous reserves required to meet the Reserve Management Objective.
Link/Version | Date | Short Description of Changes |
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2 Sep 2022 | Section 3.2.8 inserted for non-specific generation reserves (BESS) |
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14 May 2021 | Addition of sections 3.3 to 3.6 to clarify functionality within RMT Section 3.7 : clarification for AOPO charges that ‘larger’ = larger cost RMT Enhancements Project additions :
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26 Aug 2019 | Added HVDC FIR sharing limits. |
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12 Sep 2018 |
Updated section 2.2 and added section 3.4 to include AOPO calculations. Other minor corrections to include SI ECE 47 Hz / 30 sec window. Revision to AUFLS to allow for block4 without df/dt (block10) Revised HVDC model description |
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19 Jan 2018 | Revisions to section 3.2 for new North Island Auto Under Frequency Load Shedding (AUFLS) scheme. |
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Draft | Draft revisions to section 3.2 for new North Island Auto Under Frequency Load Shedding (AUFLS) scheme. (changes redlined) |
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20 Oct 2016 | Update associated with implementing National Market for Instantaneous Reserves and risk groups. |
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Draft |
This version includes changes to incorporate the National Market for Instantaneous Reserves (NMIR). The general description of the New Zealand electricity system has been updated along with the South Island AUFLS modelling parameters. |
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17 Oct 2014 | Major update resulting from the change of the RMT software application from Simulink to RMTSAT. |
SPD Formulation
This document is a mathematical description of Transpower’s “Scheduling, Pricing, and Dispatch” (SPD) software to be used by the New Zealand Electricity Market.
Link/Version | Date | Short Description of Changes |
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15 Sep 2022 | Changes for the release of RTP3 |
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24 Mar 2022 | Added RTD load calculation. Added pre-processing for price responsive IG. |
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24 Jun 2021 | Updated for various changes associated with the Reverse Branch Limits project. |
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19 Nov 2020 | Add check for $0 to replacing invalid prices after SOS1 |
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5 Sep 2019 |
Update associated with implementing Wind Offer Arrangements. |
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1 Nov 2018 | No changes to the SPD software. This update aligns the formulation more closely with the software in the areas of pre-processing and post-processing. |
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22 Nov 2016 | Minor change to section 5.4 to reflect changes to shared reserve loss modelling during DC outages. |
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Draft | Minor change to section 5.4 to reflect changes to shared reserve loss modelling during DC outages. |
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20 Oct 2016 |
Update associated with implementing National Market for Instantaneous Reserves and risk groups. Note that the shared reserve loss calculation uses the bi-pole loss tranch value when a pole is out of service. This has no impact on security. This will be changed in the next SPD release to calculate based on the relevant mono-pole loss tranch value. |
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Draft |
This version incorporates changes to allow SPD to schedule shared reserve across the DC link to facilitate the transition from Island based reserve markets to a national reserves market. It also includes changes to allow SPD to co-optimise risks defined as all units at a Grid Injection Point (GIP) or multiple GIPs. Note that the shared reserve loss calculation uses the bi-pole loss tranch value when a pole is out of service. This has no impact on security. This will be changed in the next SPD release to calculate based on the relevant mono-pole loss tranch value. |
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01 Apr 2016 | Update associated mainly with correction of reserve price definition and generation ramp model. |