Industry Readiness Strategy

Industry readiness information

The 5MS and GS Market Readiness Strategy is the overarching plan to guide AEMO and NEM participants’ operational preparedness for 5MS and GS. It includes the approach for monitoring, managing, and reporting on industry readiness.

The strategy is supported by a series of  strategies and plans, which cover specific areas of readiness The diagram below shows the relationships between the documents, while the table describes the purpose of each document.

Detailed timing for the development of the transition, cutover and contingency plans will be included on this page as developed by the RWG and Focus Groups.

5MS and GS market readiness strategies and plans

Paper Description Current document Comments
5MS Bidding service go-live plan This paper describes the go - live approach with respect to the deployment of the AEMO’s 5 - minute bidding service. At a high level, updates to the final plan include:
  • Go-live timing now expected at 1pm Market Time (1 April 2021)
  • Clarifications on AEMO’s support arrangements
  • Clarifications on the contingency approach
FINAL 5MS Bidding service go-live plan Final published 8 March 2021.
Market readiness strategy Overarching plan to guide AEMO and NEM participants’ 5MS and GS readiness activities FINAL Market readiness strategy Final published 30 Oct 2019
Industry test and market trial strategy Sets out the high level approach and principles associated with the IT system testing activities that will support 5MS and GS implementation FINAL industry test and market trial strategy Final published 30 September 2020
Transition and go-live strategy Sets out the high level approach and principles associated with transition and go-live activities, including industry co-ordination FINAL Transition and go-live strategy November 2019: First published.

December 2019: Version 1.1 published. Two date errors in row 4 of Table 2 (p16) corrected, changed from 2020 to 2021
Industry Contingency Plan In relation to 5MS and GS: 
  • Provides coordinated guidance for AEMO and NEM participants on contingency responses should a risk eventuate
  • Is the basis for participants to develop and maintain their own contingency plans
FINAL Industry Readiness Contingency Plan (document)

FINAL Industry Contingency Plan (spreadsheet)
Final published 5 June 2020
Metering Transition Plan
  • Outlines the expected responsibilities, activities, dependencies and timeframes for completion for elements of the metering transition to 5MS and GS
  • Forms the framework for the metering component of industry readiness reporting
Metering Transition Plan v1.9 (spreadsheet)

Cross Boundary Supply Guideline
  • Metering Transition Plan version 1.9 published 31 May 2021 
  • Cross Boundary Supply Guideline final version published 29 March, 2021     
Industry readiness reporting plan Sets out the industry readiness reporting requirements for the 5MS & GS program FINAL Industry readiness reporting plan  Final published 13 Dec 2019
MSP accreditation update plan Sets out process and timing for:
  • Metering service providers to assess the need for an accreditation update
  • Metering service providers to apply for an accreditation update where necessary
  • AEMO to process accreditation update applications
FINAL MSP accreditation update plan Final published 21 Feb 2020
CNDS and Meter
  • Data Delivery Clarifications for 5MS and GS
  • Document clarifies maintenance aspects of the CATS NMI Datastream (CNDS) table and the associated relationships to meter data delivery to AEMO, leading up to 5MS and GS commencements.
CNDS and Meter Published 5 August 2020 
Bidding Transition Plan
  • Provides coordinated guidance to the industry on the transition to 5-minute bidding.
  • Outlines the expected responsibilities, activities, dependencies and timeframes for completion for elements of the bidding transition.
 
Final Bidding Transition Plan v1.0 - 28 August 2020 (Document)

5MS Bidding Transition Plan v1.0 (Spreadsheet)

5MS Bidding Transition Plan FAQs
Final published 27 August 2020 
Retail Platform Industry Go-live Plan The Retail platform industry go-live plan provides information on the retail platform cutover approach, including the cutover schedule and communications plan. Retail Platform Industry Go-live Plan Final published May 2021
5MS Settlements Industry Go-Live Plan Provides information to Participants on the 5MS Settlements Stream cutover approach, including the schedule and communications plan.
5MS Settlements Industry Go-Live Plan Final Published 21 April 2021
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