Cash Security
Background
On 3 April 2025, the Australian Energy Market Commission (AEMC) made a draft rule ‘Allowing AEMO to accept cash as credit support’, proposing to amend the credit support arrangements to increase flexibility for participants to provide credit support in the National Electricity Market (NEM).
Under the draft rule, participants would be allowed to provide:
- cash as credit support up to a limit of $5 million for each participant
- surety bonds as credit support
- credit support from a broader pool of credit support providers.
High-Level Implementation Assessment (HLIA)
Ongoing stakeholder feedback on AEMO's draft HLIA is welcome via email to NEMReform@aemo.com.au.
AEMO hosted a stakeholder forum on 9 May to discuss the draft HLIA. A copy of the presentation is available here:
Industry engagement
This initiative forms part of NEM Reform Program and market participants can get involved by visiting: