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116550ADMINISTERED PRICE CAP08/05/2024 07:45:12 PM
[EventId:197] AP STARTED for ENERGY in NSW1 at 08 May 2024 19:45
AEMO ELECTRICITY MARKET NOTICE
Issued by Australian Energy Market Operator Ltd at 1945 hrs on 08 May 2024
ADMINISTERED PRICE PERIOD DECLARED in NSW1 region.
AEMO has determined that the rolling sum of the uncapped spot prices for the NSW1 region over the previous 2016 trading intervals has exceeded the cumulative price threshold (CPT) of $1,490,200.00.
In accordance with Clause 3.14.2(b) of the National Electricity Rules, AEMO has determined that an administered price period will commence at the trading interval starting 1955 hrs on 08 May 2024 and will continue through to the end of that trading day.
An administered price cap (APC) of 600 $/MWh will apply to all trading intervals during this administered price period. This APC will apply to spot prices and to all market ancillary service prices in the NSW1 region.
An administered floor price (AFP) of -600 $/MWh will apply to spot prices.
AEMO will continue to monitor the rolling sum of the uncapped spot prices and issue further Market Notices as required.
This is an AEMO autogenerated Market Notice.
Issued by Australian Energy Market Operator Ltd at 1945 hrs on 08 May 2024
ADMINISTERED PRICE PERIOD DECLARED in NSW1 region.
AEMO has determined that the rolling sum of the uncapped spot prices for the NSW1 region over the previous 2016 trading intervals has exceeded the cumulative price threshold (CPT) of $1,490,200.00.
In accordance with Clause 3.14.2(b) of the National Electricity Rules, AEMO has determined that an administered price period will commence at the trading interval starting 1955 hrs on 08 May 2024 and will continue through to the end of that trading day.
An administered price cap (APC) of 600 $/MWh will apply to all trading intervals during this administered price period. This APC will apply to spot prices and to all market ancillary service prices in the NSW1 region.
An administered floor price (AFP) of -600 $/MWh will apply to spot prices.
AEMO will continue to monitor the rolling sum of the uncapped spot prices and issue further Market Notices as required.
This is an AEMO autogenerated Market Notice.