Independent Expert Report - Directions to hydro pumps between 14 and 23 June and on 5 July 2022

AEMO issued directions to hydro pumps in the NEM between 14 and 23 June and 5 July 2022.

In accordance with NER Clause 3.15.7A (h), AEMO is required to appoint an independent expert to assess and determine the fair payment price for the service provided by the Directed Participants.

AEMO nominated an independent expert on 5 August 2022 with no objections received. AEMO then appointed Euan Morton from Synergies Economic Consulting Pty Ltd as the independent expert to determine the fair payment price for the service provided by Directed Participants.

The draft report for the independent expert’s assessment can be viewed below:

The Final report for the independent expert’s assessment can be viewed below: