Changes to section 24.2(b) in the Capacity Trading and Auction Procedure

06/10/2021
Market Capacity Trading Platform
StageIIR
ConvenorAEMO Gas
Initiated06/10/2021
Accepting submissions?No
Submissions close03/11/2021

Notice of AEMO Decision

Date of notice: 26 November 2021

AEMO has published its Notice of AEMO Decision on this consultation. AEMO has decided to approve the proposed changes. The date these changes will come into effect is 6 December 2021.

Please refer to Attachment C of the IIR for the Document Changes.

Proposed timeline

Subject to all necessary approvals, AEMO proposes the following timeframe:

  • IIR issued
    6 October 2021
  • Responses to IIR due
    3 November 2021
  • AEMO Decision on changes
    26 November 2021

The procedures governing the Capacity Trading and Auction market have been identified to require changes to allow more data to be published through public reports that currently have restrictions.

AEMO has therefore amended the Capacity Trading and Auction Procedures (CTAP) to improve transparency to Day Ahead Auction (DAA) participants when making decisions.

AEMO presented the changes to section 24.2(b) at the Gas Wholesale Consultative Forum (GWCF) at the 24 June 2021 meeting where no participant raised any objections to the proposal. Additionally, AEMO is seeking to canvas these changes more broadly across the Capacity Trading and Day Ahead Auction participants to determine support for these changes. AEMO has consulted more broadly across the Capacity Trading and Day Ahead Auction through the PPC to determine support for these changes, and, to date, no participant has given any objection to these changes.

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