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 |
611 |
$1.00 |
QLDNSW |
Queensland to New South Wales |
0.08333 |
1,200 |
1331 |
$38.00 |
SAVIC |
South Australia to Victoria |
0.25000 |
400 |
441 |
$12.00 |
VICSA |
Victoria to South Australia |
0.14285 |
700 |
771 |
$3.00 |
NSWVIC |
New South Wales to Victoria |
0.07692 |
1,300 |
1441 |
$2.00 |
VICNSW |
Victoria to New South Wales |
0.06666 |
1,500 |
1661 |
$18.00 |
1 Due to rounding, units will be added to the following interconnectors in the final tranche
NSWQLD – 1 unit
QLDNSW – 3 units
SAVIC – 4 units
VICSA – 7 units
NSWVIC – 4 units
VICNSW – 6 units
The Auction Expense Fees for Quarter 3 of 2012 were approved by the Settlement Residue Committee at its meeting of 12 August 2011.
Auction Dates
Auction |
Date |
Tranche 1 (C2012Q3T1) |
16 June 2010 |
Tranche 2 (C2012Q3T2) |
15 September 2010 |
Tranche 3 (C2012Q3T3) |
15 December 2010 |
Tranche 4 (C2012Q3T4) |
15 March 2011 |
Tranche 5 (C2012Q3T5) |
16 June 2011 |
Tranche 6 (C2012Q3T6) |
15 September 2011 |
Tranche 7 (C2012Q3T7) |
15 December 2011 |
Tranche 8 (C2012Q3T8) |
15 March 2012 |
Tranche 9 (C2012Q3T9) |
18 June 2012 |
Dated: 12 August 2011
For further information, please contact: Brian Nelson, Senior Manager Electricity Market Performance.