Financial Guarantees
Participants in the National Electricity Market, Short Term Trading Market and Victorian Wholesale Gas Markets may be obliged under the Market Rules to provide credit support to AEMO. AEMO has a single financial guarantee pro forma to be used for these markets and all guarantees must be in the prescribed format. It is recommended that guarantees be checked by AEMO prior to execution by emailing a draft copy to prudentials@aemo.com.au
Credit Support Management Guide
AEMO has prepared a Credit Support Management Guide to assist Participants with the procurement, exchange, return and expiry of financial guarantees for the National Electricity Market, Short Term Trading Market and Victorian Wholesale Gas Market. This guide contains information on AEMO’s credit support processes, Participant obligations and there are useful references to market rules.
Credit Support Webpage User Manual
A browser-based facility called the ‘Credit Support Webpage’ (for registered participants only) has been developed to provide a facility for NEM Participants to view and analyse their Credit Support.
The document defines each component of the Credit Support Webpage and it is recommended that the document be reviewed by any participant using the Credit Support Webpage.
For further information on credit support, please email prudentials@aemo.com.au.