Clauses 4.6, 5.3 and 11 of the Auction Rules require AEMO to advise Auction Participants of the following information concerning the auction of the inter-regional settlement residue units for the period.
Proportional entitlement, Maximum number of units and Fees
Unit Category |
Directional interconnector |
Proportion (%) |
Maximum units |
Expected number of units per tranche |
Fees (per unit) |
NSWQLD |
New South Wales to Queensland |
0.18181 |
550 |
781 |
$6.00 |
QLDNSW |
Queensland to New South Wales |
0.08333 |
1,200 |
1711 |
$14.00 |
SAVIC |
South Australia to Victoria |
0.25000 |
400 |
571 |
$7.00 |
VICSA |
Victoria to South Australia |
0.14285 |
700 |
100 |
$33.00 |
NSWVIC |
New South Wales to Victoria |
0.07692 |
1,300 |
1851 |
$12.00 |
VICNSW |
Victoria to New South Wales |
0.06666 |
1,500 |
2141 |
$12.00 |
1 Due to rounding units will be added to the following interconnectors in the final tranche
NSWQLD – 4 units
QLDNSW – 3 units
SAVIC – 1 unit
NSWVIC – 5 units
VICNSW – 2 units
The Auction Expense Fees for Quarter 1 of 2012 were approved by the Settlement Residue Committee at its meeting of 4 February 2011.
Auction Dates
Auction |
Date |
Tranche 1 (C2012Q1T1) |
16 June 2010 |
Tranche 2 (C2012Q1T2) |
15 September 2010 |
Tranche 3 (C2012Q1T3) |
15 December 2010 |
Tranche 4 (C2012Q1T4) |
15 March 2011 |
Tranche 5 (C2012Q1T5) |
16 June 2011 |
Tranche 6 (C2012Q1T6) |
15 September 2011 |
Tranche 7 (C2012Q1T7) |
15 December 2011 |
Dated: 7 February 2011
For further information, please contact: Brian Nelson, Senior Manager Electricity Market Performance.