IIR 15-001 Update to Compensation Procedures and Administered Pricing Procedures for the removal of Force Majeure

26/08/2019
Market Declared Wholesale Gas Market
StageImpact Implementation Report
ConvenorAEMO Gas
Initiated10/02/2015
Accepting submissions?Yes
Submissions close10/03/2015

Notice of Consultation

AEMO gives notice of consultation on proposed changes to the Wholesale Market Compensation Procedures (Victoria) and the Wholesale Market Administered Pricing Procedures (Victoria) (the “Procedures”) under Rule 135EE of the National Gas Rules.

This notice of consultation is dated 10 February 2014.

Proposed procedure changes

The proposed changes to the Procedures are to make the required changes (by removing references to Force Majeure) due to a rule determination, National Gas Amendment (Removal of Force Majeure Provisions on the DWGM), published on 11 December 2014.

Impact and Implementation Report

AEMO has published an Impact and Implementation Report (IIR) below, which details the proposed changes to the Procedures.

Gas Market Participants and other interested parties are invited to submit comments on the proposed procedure changes and the Impact and Implementation Report to AEMO by 5pm, Tuesday 10 March 2015 via email to: GWCF_Correspondence@aemo.com.au

Participant submissions

Final Drafts and Decision

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