Electricity Market Participant Fee Structure Review

AEMO has made a Final Determination on the structure of electricity participant fees to apply from 1 July 2021. In developing its Final Determination AEMO has carefully considered the issues raised in its Draft Determination and Consultation Paper; stakeholder views on the Draft Determination and Consultation Paper; further internal analysis and discussion; National Electricity Rules (NER) fee structure requirements and National Electricity Objective (NEO).

AEMO is required to consult on its proposed structure for participant fees in accordance with clause 2.11 and clause 8.9 of the National Electricity Rules (Rules), with Registered participants, interested parties and such other persons as AEMO thinks appropriate.

The current structure of Participant fees for electricity commenced on 1 July 2016 for a duration of five years, ending 30 June 2021. Therefore, AEMO has concluded its consultation on the structure of Participant fees to apply from 1 July 2021 for AEMO’s revenue requirements including for:

• The National Electricity Market (NEM).
• Retail Markets and administering Retail Competition.
• The National Transmission Planner (NTP) functions.
• Major Reform Initiatives, including the Five Minute Settlement program (5MS program) and Distributed Energy Resources (DER) integration.
• The Energy Consumers Australia (ECA) fees recovered by AEMO from Participant fees.
• Registrations.
• NEM Participant Compensation Fund (PCF).
• Incremental service fees.

The consultation provided stakeholders and interested parties with the opportunity to have input into the development of the structure of Participant fees to apply from 1 July 2021 and only applies to the structure of fees. The actual amount charged for each fee will be determined on an annual basis, via the AEMO budgeting process.

AEMO has made a Final Determination on its future electricity fee structures.

For all inquiries on this consultation please contact:

Mr Kevin Ly
Group Manager Regulation
kevin.ly@aemo.com.au

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