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MARKET SUSPENSION
Notice type description *
Market suspended in region(s).
External reference *
Declaration of electricity market suspension
Reason *
AEMO ELECTRICITY MARKET NOTICE
Declaration of electricity market suspension
AEMO declares the spot market suspended in the NEM with Market Suspension Schedule Pricing (refer NER clause 3.14.5(b)) from Trading Interval 1400 hrs on 05 September 2024 until further notice. Dispatch prices for the first one or two dispatch intervals of this market suspension will be reviewed manually.
There has been a failure of the NEM dispatch process, and all participants to follow existing targets until further notice.
Manager NEM Real Time Operations
[EventId:202406111805_NRM_NSW1_VIC1_started] NEGRES CONSTRAINT NRM_NSW1_VIC1 started operating from 11 June 2024 18:05
Issued by Australian Energy Market Operator Ltd at 1805 hrs on 11 June 2024
ACTUAL NEGATIVE SETTLEMENT RESIDUES - NSW to VIC - 11 June 2024.
Electricity Market outcomes have resulted in the accumulation of negative settlement residues that have exceeded the allowable negative residue threshold for the NSW to VIC directional interconnector.
The negative residue constraint set NRM_NSW1_VIC1 commenced operating from 1805 hrs on 11 June 2024.
This constraint set contains an equation with the following interconnectors on the LHS:
VIC1-NSW1
The RHS of the constraint equation may be adjusted to manage residues.
This is an AEMO autogenerated Market Notice.
[EventId:202405201830_NRM_NSW1_VIC1_stopped] NEGRES CONSTRAINT NRM_NSW1_VIC1 ceased operating from 20 May 2024 18:30
Issued by Australian Energy Market Operator Ltd at 1830 hrs on 20 May 2024
CANCELLATION - ACTUAL NEGATIVE SETTLEMENT RESIDUES - NSW to VIC - 20 May 2024.
Refer to market notice: 116731
AEMO has ceased taking action to minimize the further accumulation of negative settlement residues on the NSW to VIC directional interconnector.
The negative residue constraint NRM_NSW1_VIC1 ceased operating at 1830 hrs on 20 May 2024.
This is an AEMO autogenerated Market Notice.
[EventId:202405201730_NRM_NSW1_VIC1_started] NEGRES CONSTRAINT NRM_NSW1_VIC1 started operating from 20 May 2024 17:30
Issued by Australian Energy Market Operator Ltd at 1730 hrs on 20 May 2024
ACTUAL NEGATIVE SETTLEMENT RESIDUES - NSW to VIC - 20 May 2024.
Electricity Market outcomes have resulted in the accumulation of negative settlement residues that have exceeded the allowable negative residue threshold for the NSW to VIC directional interconnector.
The negative residue constraint set NRM_NSW1_VIC1 commenced operating from 1730 hrs on 20 May 2024.
This constraint set contains an equation with the following interconnectors on the LHS:
VIC1-NSW1
The RHS of the constraint equation may be adjusted to manage residues.
This is an AEMO autogenerated Market Notice.
[EventId:202405161745_NRM_NSW1_VIC1_stopped] NEGRES CONSTRAINT NRM_NSW1_VIC1 ceased operating from 16 May 2024 17:45
Issued by Australian Energy Market Operator Ltd at 1745 hrs on 16 May 2024
CANCELLATION - ACTUAL NEGATIVE SETTLEMENT RESIDUES - NSW to VIC - 16 May 2024.
Refer to market notice: 116637
AEMO has ceased taking action to minimize the further accumulation of negative settlement residues on the NSW to VIC directional interconnector.
The negative residue constraint NRM_NSW1_VIC1 ceased operating at 1745 hrs on 16 May 2024.
This is an AEMO autogenerated Market Notice.
[EventId:202405161730_NRM_NSW1_VIC1_started] NEGRES CONSTRAINT NRM_NSW1_VIC1 started operating from 16 May 2024 17:30
Issued by Australian Energy Market Operator Ltd at 1730 hrs on 16 May 2024
ACTUAL NEGATIVE SETTLEMENT RESIDUES - NSW to VIC - 16 May 2024.
Electricity Market outcomes have resulted in the accumulation of negative settlement residues that have exceeded the allowable negative residue threshold for the NSW to VIC directional interconnector.
The negative residue constraint set NRM_NSW1_VIC1 commenced operating from 1730 hrs on 16 May 2024.
This constraint set contains an equation with the following interconnectors on the LHS:
VIC1-NSW1
The RHS of the constraint equation may be adjusted to manage residues.
This is an AEMO autogenerated Market Notice.
[EventId:203] AP ENDED for ENERGY in NSW1 at 15 May 2024 03:55
Issued by Australian Energy Market Operator Ltd at 0355 hrs on 14 May 2024
ADMINISTERED PRICE PERIOD ENDS in NSW1 region.
In accordance with Clause 3.14.2(b) of the National Electricity Rules, AEMO is notifying market participants that the administered price period declared for the NSW1 region in market notice 116607 will end at 0400 hrs on 15 May 2024.
This is an AEMO autogenerated Market Notice.
[EventId:203] AP STARTED for ENERGY in NSW1 at 14 May 2024 03:55
Issued by Australian Energy Market Operator Ltd at 0355 hrs on 14 May 2024
ADMINISTERED PRICE PERIOD DECLARED in NSW1 region.
AEMO has determined that the rolling sum of the uncapped spot prices for the NSW1 region over the previous 2016 trading intervals has exceeded the cumulative price threshold (CPT) of $1,490,200.00.
In accordance with Clause 3.14.2(b) of the National Electricity Rules, AEMO has determined that an administered price period will commence at the trading interval starting 0405 hrs on 14 May 2024 and will continue through to the end of that trading day.
An administered price cap (APC) of 600 $/MWh will apply to all trading intervals during this administered price period. This APC will apply to spot prices and to all market ancillary service prices in the NSW1 region.
An administered floor price (AFP) of -600 $/MWh will apply to spot prices.
AEMO will continue to monitor the rolling sum of the uncapped spot prices and issue further Market Notices as required.
This is an AEMO autogenerated Market Notice.
[EventId:202] AP ENDED for ENERGY in NSW1 at 14 May 2024 03:55
Issued by Australian Energy Market Operator Ltd at 0355 hrs on 13 May 2024
ADMINISTERED PRICE PERIOD ENDS in NSW1 region.
In accordance with Clause 3.14.2(b) of the National Electricity Rules, AEMO is notifying market participants that the administered price period declared for the NSW1 region in market notice 116604 will end at 0400 hrs on 14 May 2024.
This is an AEMO autogenerated Market Notice.
[EventId:202] AP STARTED for ENERGY in NSW1 at 13 May 2024 03:55
Issued by Australian Energy Market Operator Ltd at 0355 hrs on 13 May 2024
ADMINISTERED PRICE PERIOD DECLARED in NSW1 region.
AEMO has determined that the rolling sum of the uncapped spot prices for the NSW1 region over the previous 2016 trading intervals has exceeded the cumulative price threshold (CPT) of $1,490,200.00.
In accordance with Clause 3.14.2(b) of the National Electricity Rules, AEMO has determined that an administered price period will commence at the trading interval starting 0405 hrs on 13 May 2024 and will continue through to the end of that trading day.
An administered price cap (APC) of 600 $/MWh will apply to all trading intervals during this administered price period. This APC will apply to spot prices and to all market ancillary service prices in the NSW1 region.
An administered floor price (AFP) of -600 $/MWh will apply to spot prices.
AEMO will continue to monitor the rolling sum of the uncapped spot prices and issue further Market Notices as required.
This is an AEMO autogenerated Market Notice.