Procedure Change Proposal
Wholesale Electricity Market Rules – Clause 2.10
Date of Notice: 9 August 2021
This notice informs all Rule Participants and interested parties (Consulted Persons) that AEMO has published a Procedure Change Proposal in respect of the new WEM Procedure: Settlement, and is consulting on this proposal.
This consultation is being carried out in accordance with the Procedure Change Process detailed in clause 2.10 of the Wholesale Electricity Market (WEM) Rules.
Matter under Consultation
Clause 2.9.3(b) of the WEM Rules requires a WEM Procedure to be amended where a change is required to maintain consistency with the Amending Rules. AEMO has initiated this Procedure Change Proposal to propose amendments to the Procedure to ensure that it is consistent with the Amending Rules under The Wholesale Electricity Market Amendment (Reserve Capacity Pricing Reforms) Rule 2019.
Further details are provided in the Procedure Change Proposal published with this notice. The proposed revised WEM Procedure is published with this notice and the Procedure Change Proposal.
The Consultation Process
The consultation process is outlined below. Dates in italics are indicative only and subject to change.
Closing date for submissions in response to the Procedure Change Proposal
6 September 2021
Publication of Procedure Change Report
13 September 2021
Proposed commencement of revised Market Procedure
16 September 2021
Procedure Change Proposal documents
Invitation to Make Submissions
AEMO invites written submissions on this Procedure Change Proposal, including any alternative or additional proposals you consider may improve the procedure/s or better meet the Wholesale Market Objectives in section 122(2) of the Electricity Industry Act 2004 (and clause 1.2.1 of the WEM Rules).
Please identify any parts of your submission that you wish to remain confidential, and explain why. AEMO may still publish that information if it does not consider it to be confidential, but will consult with you before doing so.
In your submission, you may request a meeting with AEMO to discuss the Procedure Change Proposal, stating why you consider a meeting is necessary or desirable.
If appropriate, meetings may be held jointly with other Consulted Persons. Subject to confidentiality restrictions, AEMO will generally make details of matters discussed at a meeting available to other Consulted Persons, and may publish them.
Closing Date and Time
Submissions in response to this Procedure Change Proposal should be sent by email to email@example.com, to reach AEMO by 5.00 pm (AWST) on 6 September 2021.
All submissions must be forwarded in electronic format (both pdf and Word). Further, all emails relating to this Procedure Change Proposal must be entitled “AEPC_2021_03 Settlements - [Name of the submitting company or individual]”. Submissions should use the Procedure Change Submission form available at:
AEMO is not obliged to consider submissions received after the closing date and time. Any late submissions should explain the reason for delay and the detriment to you if AEMO does not consider your submission.
All submissions will be published on AEMO’s website. Confidential information will not be published, other than as specified above.
No submissions received.