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Declared Wholesale Gas Market Cumulative Price Threshold Review
Purpose of Consultation
The Australian Energy Market Operator has reviewed the market settings for the Cumulative Price Threshold, the Cumulative Price Period, and the mechanism by which these apply.
The consultation for this review has now closed.
As was recommended in the draft report which was supported by the Gas Wholesale Consultative Forum (GWCF), AEMO has recommended a reduction in the Cumulative Price Threshold from $3,700 to $1,800 in the final report.
To implement the recommendation, AEMO will commence the proposed procedure change consultation process in October 2013.
DWGM CPT Review Final Report
25 Sept 2013 | 2.0 MB (.pdf)
Consolidated Industry Comments on the DWGM CPT Review
25 Sept 2013 | 222 KB (.pdf)
Industry Submissions to Draft Report - AGL
25 Sept 2013 | 84.2 KB (.pdf)
Industry Submissions to Draft Report - Lumo Energy
25 Sept 2013 | 1.87 MB (.pdf)
Industry Submissions to Draft Report - Australia Power and Gas
25 Sept 2013 | 313 KB (.pdf)
DWGM CPT Review Draft Report
25 Sept 2013 | 1.91 MB (.pdf)
CPT Review Initial Results
25 Sept 2013 | 1.13 MB (.pdf)
Assumptions and Key Inputs
25 Sept 2013 | 173 KB (.pdf)
DWGM CPT Review Proposed Approach and Timetable
25 Sept 2013 | 194 KB (.pdf)
Overview and Timetable
AEMO worked closely with the GWCF during review of the CPT Mechanism. The table below outlines the review consultation process.
Process Date DWGM CPT Review Proposed approach and timetable - Open for discussion with the GWCF 9 April 2013 – GWCF Meeting 179 ASSUMPTIONS AND KEY INPUTS - Open for Feedback 24 April 2013 ASSUMPTIONS AND KEY INPUTS - Closing date for Feedback 14 May 2013 CPT Review Initial Results - Open for Discussion within the GWCF 11 June 2013 – GWCF Meeting 180 DWGM CPT REVIEW – Draft Report - Open for Submission 2 July 2013 DWGM CPT REVIEW – Draft Report - Closing date for Submission 22 July 2013 Consolidated Industry Comments on the DWGM CPT Review - Open for Discussion within the GWCF 13 August 2013 – GWCF Meeting 181 DWGM CPT REVIEW – Final Report 23 September 2013