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 |
911 |
$4.00 |
| QLDNSW |
Queensland to New South Wales |
0.08333 |
1,200 |
200 |
$18.00 |
| SAVIC |
South Australia to Victoria |
0.25 |
400 |
661 |
$8.00 |
| VICSA |
Victoria to South Australia |
0.14285 |
700 |
1161 |
$36.00 |
| NSWVIC |
New South Wales to Victoria |
0.07692 |
1,300 |
2161 |
$5.00 |
| VICNSW |
Victoria to New South Wales |
0.06666 |
1,500 |
250 |
$14.00 |
1Due to rounding units will be added to the following interconnectors in the final tranche
NSWQLD – 4 units
SAVIC – 4 units
VICSA – 4 units
NSWVIC – 4 units
The Auction Expense Fees for Quarter 4 of 2011 were approved by the Settlement Residue Committee at its meeting of 5 November 2010.
Auction Dates
Auction |
Date |
Tranche 1 (C2011Q4T1) |
16-Jun-10 |
Tranche 2 (C2011Q4T2) |
15-Sep-10 |
Tranche 3 (C2011Q4T3) |
15-Dec-10 |
Tranche 4 (C2011Q4T4) |
15-Mar-11 |
Tranche 5 (C2011Q4T5) |
16-Jun-11 |
Tranche 6 (C2011Q4T6) |
15-Sep-11 |
Date: 5 November 2010
For further information, please contact: Brian Nelson, Senior Manager Electricity Market Performance.