What is the Portfolio Management System?
The Portfolio Management System (PMS Portfolio Management System) is an online portal application that simplifies the WDR Wholesale Demand Response and FCAS Frequency Controlled Ancillary Services. A service that balances, over short intervals (shorter than the dispatch interval), the power supplied by generating units and the power consumed by loads. application processes for AEMO Australian Energy Market Operator and participants, providing transparency into the classification and aggregation process to Market Participants. It is used for requesting amendments to portfolios and status changes to NMIs.
The advantages of using the PMS:
- It is an integrated single source of truth for WDR and FCAS contingency services.
- Provides greater visibility into the breakdown of aggregated services to AEMO and Participants.
- Reduces errors and re-work within the classification process.
- Provides AEMO with the ability to support new participant models involving aggregate services.