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Hi Dave
Firstly apologies for not getting back to you about Bernard’s note sooner. I read the attached email above with interest as it’s always good to see that there is interest out there in providing Short Term Operating Reserve (STOR, previously known as “Standing Reserve”) from new sources, whether someone is interested in approaching us directly or through an aggregator. I did note that in your last line you said that if contracts could be made available for a longer period of time then this might elicit more interest from parties. On that front there is potentially good news, the changes that we introduced to the STOR contract form a year or two back, allow users to tender for a contract of up to 10 years duration, and as part of the STOR review that my colleague Craig Maloney is undertaking at the moment we may potentially be looking to extend that capability to even longer term contracts.
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