AEPC_2024_12 Real-Time Market Suspension

The Consultation Process

The consultation process is outlined below. Dates are indicative only and subject to change.

Procedure Change Proposal

Wholesale Electricity Market Rules – Clause 2.10

Date of Notice: 30 October 2024

Matter under Consultation

AEMO commenced the Procedure Change Process to implement the new Procedure as a result of the Wholesale Electricity Market Amendment (Market Suspension) Rules 2023 (Amending Rules), gazetted on 19 September 2023.

When the Amending Rules were published for consultation, the intent of it was summarised as “enabling settlement in the event AEMO suspends the Real-Time Market or fails to use the Dispatch Algorithm for the Central Dispatch Process.” The Amending Rules also introduced an obligation on AEMO to document the processes that AEMO and Market Participants must follow during a Real-Time Market suspension.

This new WEM Procedure fulfils this requirement. 

Invitation to Make Submissions

AEMO invited written submissions on the Procedure Change Proposal, including any alternative or additional proposals that respondents considered may improve the procedure or better meet the Wholesale Market Objectives in section 122(2) of the Electricity Industry Act 2004 (and clause 1.2.1 of the WEM Rules).

Respondents were asked to identify any parts of their submission that they wished to remain confidential, explaining why. Respondents were advised that AEMO may still publish that information if it does not consider it to be confidential, but will consult with the respondent before doing so.

Meetings

Before the closing date for submissions, stakeholders were reminded that they may request a meeting with AEMO to discuss the issues and proposed changes raised in the Procedure Change Proposal, stating why they considered a meeting was necessary or desirable.

If appropriate, meetings may be held jointly with other stakeholders. Subject to confidentiality restrictions, AEMO will generally make details of matters discussed at a meeting available to other stakeholders, and may publish those details.

Closing Date and Time

Stakeholders were advised that submissions in response to this Procedure Change Proposal should be sent by email to WA.Marketdevelopment@aemo.com.au,to reach AEMO by 5.00 pm (AWST) on 28 November 2024.

All submissions must be in electronic format (pdf or Microsoft Word).

Submissions should use the Procedure Change Submission form available on this page.

AEMO is not obliged to consider submissions received after the closing date and time. Any late submissions should explain the reason for delay and the detriment to the respondent if AEMO does not consider the submission.

Publication

All submissions are published on AEMO’s website. Confidential information is not published, other than as specified above.