Clearing procedures and guides

AEMO Market Clearing Guide

This guide nominates AEMO’s preferred electronic funds transfer facility for the National Electricity Market, Declared Wholesale Gas Market, Short Term Trading Market, Queensland Retail Market, Gas Supply Hub, and other payments cleared by AEMO. It also helps participants in establishing and operating routine payment processes, and provides additional information and references.

Early Settlement Payment Procedure

Under this procedure, Market Participants can elect to make settlement payments on the 19th business day after the end of the billing period (that is, the business day before settlement payment date, referred to as the early payment date). This enables greater flexibility in making settlement payments, and reduces he risk of payment delays. A Market Participant may also make an early payment in response to a prudential issue.

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