STTM Participant Fee Structure

On 26 March 2010, the Australian Energy Market Operator (AEMO) published its Final Determination on the STTM Participant Fee Structure.  The Final Determination sets out the methodology to be followed in recovering AEMO’s revenue requirements for the Short Term Trading Market (STTM).

This Structure will apply from 1 July 2010 to 30 June 2015, unless AEMO elects to review this structure when reviewing other gas fee structures pursuant to section 77(1)(c) of the National Gas Law. 

In accordance with the National Gas Rules, AEMO undertook an extensive consultation process.  As part of this process, AEMO published an Issues Paper and a Draft Determination, inviting submissions from interested parties in both instances.  The submissions received have been taken into consideration in the making of the Final Determination.

Any queries should be directed to Karen Olesnicky at Karen.olesnicky@aemo.com.au or Jack Fitcher at jack.fitcher@aemo.com.au. 

BACKGROUND

AEMO is establishing the Short Term Trading Market (STTM) and will operate that market upon its anticipated commencement on 4 June 2010. 

In accordance with the National Gas Law (NGL) and National Gas Rules (NGR), AEMO may determine, charge for and recover fees in respect of establishment and operation of the STTM, as a regulated gas market which AEMO will operate as one of its statutory functions.  AEMO is required to apply the extended consultation procedures of Section 9A of the NGR when determining the structure of fees to be charged to Registered participants for the recuperation of administration and operation costs (see Rule 135CA of the NGR).

STTM Participant Fee Structure : Final Determination 29 Mar 2010 | filename: 0129-0010.pdf
STTM Participant Fee Structure : Draft Determination 20 Jan 2010 | filename: 0129-0005.pdf

SUBMISSIONS ON DRAFT DETERMINATION:

Participant Fee Structure & Major Gas Project Determination : Issues Paper 18 Nov 2009 | filename: 0129-0001.pdf

SUBMISSIONS TO ISSUES PAPER:

FURTHER INFORMATION

For further information regarding the Short Term Trading Market please click here >>