Settlements
AEMO calculates the financial liability of all market participants on a daily basis and settles transactions for all trade in the NEM weekly. This involves AEMO collecting all money due for electricity purchased from the pool from market customers, and paying generators for the electricity they have produced.
AEMO has strict prudential arrangements and a robust risk management programme in place. The settlement process involves determining financial liabilities, issuing accounts, and settling amounts payable and receivable for electricity sold to and purchased from the pool.
Overview
These papers provide an introduction to the settlement and prudential processes the National Electricity Rules requires AEMO to administer.
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Timetables & Calendars
Calendars outlining the annual and monthly settlements cycles and the Intervention Settlements Timetable.
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Procedures
Settlements procedures and documentation.
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Prudentials
Maximum Credit Limits Methodology, Maximum Credit Limit and Prudential Margin Calculator, Prudentials Dashboard, Credit Support Webpage User Manual, and Security Deposit Arrangements.
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Greenhouse Intensity Factors
On 12 May 2009 NEMMCO discontinued its earlier practice of calculating and publishing a Greenhouse Intensity Index for NEM.
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