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Five Minute Settlement - Auction Participation Agreement

22/03/2019
Market National Electricity Market
StageFinal Report
ConvenorAEMO NEM
Initiated05/08/2019
Accepting submissions?No

AEMO has completed consultation on amendments to the Auction Participation Agreement (APA). The APA is Schedule 1 of the Settlements Residue Auction Rules document. The amendments were made to support the implementation of the Five-Minute Settlement Rule and Global Settlement Rule.

The amendments will take effect on a date to be specified depending on SRC approval. This is likely to be in November 2019, to provide a limited window for existing participants to execute a new APA that includes amendments for secondary trading without the amendments determined in this consultation. AEMO will publish notice of the effective date approximately three weeks in advance.

The final determination, including the final procedure is available through the link below.

Any queries should be directed to AEMO's Five-Minute Settlement email address 5MS@aemo.com.au.

Final Stage Consultation Documents

Second Stage Submissions

Second Stage Consultation Documents

First Stage Submissions

First Stage Consultation Documents

 

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