The Settlements Residue Committee have approved amendments to the Settlement Residue Auction Rules (Auction Rules). These amendments are to clarify definitions and clauses that have been identified while developing the systems to implement secondary trading in the Settlements Residue Auction (SRA) under the National Electricity Rules (NER).
This approval is in accordance with 3.18.5(b)(2) of the National Electricity Rules (NER), where AEMO has conducted the consultation in accordance with the Rules consultation requirements detailed in rule 8.9 of the NER.
The final report and final version of the Auction Rules are available at the links below.
The new version of the Auction Rules and associated agreements (and therefore secondary trading) will come into effect 1 October 2019.
First stage of consultation
- Notice of First Stage of Consultation (98 KB, pdf)
- Consultation Paper (603 KB, pdf)
- Settlements Residue Auction Rules - Change-marked (658 KB, pdf)
Second stage of consultation
- Notice of second stage of consultation and draft report (603 KB, pdf)