Gas Markets Participant Fee Structure Review

18/08/2020
Market Capacity Trading Platform, STTM, VIC Retail, SA Retail, Operational Transportation Service, QLD Retail, DWGM, Day Ahead Auction, Capacity Auction, NSW and ACT Retail
StageDiscussion Paper
ConvenorAEMO Gas
Initiated18/08/2020
Accepting submissions?Yes
Submissions close19/10/2020

AEMO seeks stakeholder views on the fee structures to apply to gas participant fees, and the Pipeline Capacity Trading Exchange Fees and Auction Fees, from 1 July 2021. Through this process AEMO is consulting on opportunities to improve or update fee structures for the forthcoming period against the National Gas Rules principles.

The current structure for Participant Fees came into effect on 1 July 2018 and expires on 30 June 2021, while the current fee structure for Pipeline Capacity Trading (PCT) services came into effect on 1 March 2019 and will also expire on 30 June 2021.

AEMO is required to review and publish the structure and term of participant fees to apply from 1 July 2021, in accordance with the extended consultative procedure under the National Gas Rules (NGR), and in consultation with Registered participants, interested parties and such other persons as AEMO thinks appropriate.

Fee structures for PCT were introduced after AEMO’s last determination on Participant Fees and were necessary to support new services introduced in early 2019 as a result of the gas pipeline capacity trading reform.  These fees are recovered as Exchange Fees and Auction Fees under the Rules but are considered together with participant fees through this consultation given the similar consultation requirements and term expiry dates, and benefits of taking a holistic view of gas fees.

AEMO is therefore seeking stakeholder views on the following AEMO markets and services:

Participant fees:

  • Declared Wholesale Gas Market (DWGM)
  • Short Term Trading Market (STTM)
  • Retail markets
    • Vic
    • NSW/ACT
    • Qld
    • SA
  • Gas Bulletin Board (GBB)
  • Gas Statement of Opportunities (GSOO)
  • Energy Consumers Australia (ECA) Fees.

PCT fees:

  • Capacity trading platform (CTP)
  • Day-ahead auction (DAA)
  • Registration fee (CTP and DAA)
  • Operational Transportation Service (OTS) Code Panel.

The closing date for submissions to this Consultation Paper is Monday, 19 October 2020.

Consultation Process

AEMO invites you to provide a submission on the Consultation Paper – Gas Fee Structures.

Please provide your submissions in electronic format (both pdf and Word) as they will be published on the AEMO website.

Electronic submissions are due by 5.00pm AEDT Monday 19 October 2020 to andrea.marinelli@aemo.com.au

AEMO plans to publish all submissions on its website. Please identify any part of your submission that is confidential and you do not wish to be published.  Respondents should also note that if material identified as confidential cannot be shared and validated with other stakeholders then it may be accorded less weight in AEMO’s decision making process than published material. 

Stakeholders may also request a meeting in their submission. Please specify why you would like a meeting.  Matters discussed at a meeting may be made available to other stakeholders.

For all enquiries on this process please contact: kevin.ly@aemo.com.au

Timetable

The following table contains an outline of the consultation process, including key dates. Please note the key dates are proposed and may change.

Milestone Date
Submissions on Consultation Paper due Monday 19 October 2020
Draft Report published Monday 16 November 2020
Submissions on Draft Report due Monday 14 December 2020
Final Report published Thursday 28 January 2021
 Final Report required (no later than)  Wednesday 31 March 2021
 New fee structures take effect  Thursday 1 July 2021
X
Cookies help us improve your website experience.
By using our website, you agree to our use of cookies.
Confirm