Timeline
-
Proposed Procedure Change (PPC)2 April 2024
-
PPC Consultation Submissions due1 May 2024
-
Impact and Implementation Report (IIR)22 May 2024
-
IIR Consultation Submissions due19 June 2024
-
Notice of Decision10 July 2024
-
Effective Date of Procedure31 July 2024
The AEMC undertook its review into the gas compensation and dispute resolution frameworks which resulted in a change to the compensation rules for the East Coast Gas System (ECGS), Victorian Declared Wholesale Gas Market (DWGM) and Short Term Trading Market (STTM).
The rule change creates a new framework for the assessment of compensation claims for an independent expert to assess compensation claims in the DWGM, ECGS and STTM.
AEMO is required to consult on changes to the:
- ECGS Procedures
- STTM Procedures
- Wholesale Market Settlement Procedures
- Gas Compensation Confidentiality Deed
In addition, AEMO has also published a draft Guidance on Gas Compensation Determinations.
Attachment A - Consultation Documents
-
02/04/2024
ECGS Procedures v2.0 (PPC) (track changes)
637.31 KB -
02/04/2024
STTM Procedures v14.0 (PPC) (track changes)
1.1 MB -
02/04/2024
Wholesale Market Settlement Procedures v2.0 (PPC) (track changes)
987.63 KB -
02/04/2024
Gas Compensation Confidentiality Deed v0.1 (PPC)
211.12 KB -
02/04/2024
Guidance on Gas Compensation Determinations v0.1 (PPC)
354.43 KB