NEM Settlement Estimates Policy Consultation - IESS and related changes

Market National Electricity Market
StageFinal Report
ConvenorAEMO NEM
Accepting submissions?No
Submissions close15/12/2023

The NEM Settlement Estimates Policy describes AEMO’s procedures for the use of estimated values in the calculation of settlement results.

The focus of this consultation is proposed amendments to the NEM Settlement Estimates Policy to:

  • Reflect the terminology changes to be made with effect from 3 June 2024 by the National Electricity Amendment (Integrating energy storage systems into the NEM) Rule 2021.
  • Improve and simplify the settlement estimations data hierarchies.
  • Improve the methodology for determining settlement estimations in the absence of meter data at the TNI level.
  • Incorporate market SAPS resource providers into the Policy.

This is a Standard consultation for the National Electricity Market.

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