Market Notices

99093MARKET SUSPENSION23/06/2022 02:58:27 PM

Update - Market suspension - FCAS prices

AEMO ELECTRICITY MARKET NOTICE

Update - Market suspension - FCAS prices

Refer to Market Notice 99070

AEMO has determined that there is no basis on which the published ancillary service prices for TI 0405 to TI 0800 on 23 June 2022 can be substituted, and accordingly the published ancillary service prices for those TIs in all regions will stand.

Manager NEM Real Time Operations
99070MARKET SUSPENSION23/06/2022 01:14:53 PM

Update - Market suspension - FCAS prices

AEMO ELECTRICITY MARKET NOTICE

Refer to Market Notice 99065

AEMO has been publishing the correct ancillary service prices for all services in all regions of the NEM since TI 0905 hrs 23 June 2022.

Ancillary service prices will be substituted with the unmodified NEM price published in AEMO databases as "ROP" for each market ancillary service in each region, notwithstanding the issue of autogenerated market notices to the contrary, from TI 0805 to TI 0900 on 23 June 2022 inclusive.

TI 0405 to TI 0800 on 23 June 2022 remain under consideration.

Manager NEM Real Time Operations
99065MARKET SUSPENSION23/06/2022 08:32:44 AM

Update - Market suspension - FCAS prices

AEMO ELECTRICITY MARKET NOTICE

Issued by Australian Energy Market Operator Ltd at 0830 hrs on 23 June 2022

Refer to Market Notice 99063.

AEMO determined that manifestly incorrect inputs are currently applying in relation to the determination of ancillary service prices.

Ancillary service prices will be substituted with the unmodified NEM price published in AEMO databases as "ROP" for each market ancillary service. This will be applied for all ancillary service prices in every region notwithstanding the issue of autogenerated market notices to the contrary from at least TI 0805 until further notice.

TIs from 0405 on 23 June 2022 remain under consideration.

Manager NEM Real Time Operations
99063MARKET SUSPENSION23/06/2022 07:11:13 AM

Update - Market suspension - FCAS prices

AEMO ELECTRICITY MARKET NOTICE

Update - Market suspension - FCAS prices

Refer to AEMO Market Notice 98805

AEMO has been publishing zero FCAS prices for all services in all regions of the NEM from 0400 hrs 23 June 2022, after reverting to dispatch pricing during the current market suspension.

AEMO is investigating the problem urgently.

Energy prices are unaffected and are being published correctly.

Manager NEM Real Time Operations
99049ADMINISTERED PRICE CAP23/06/2022 03:55:01 AM

[EventId:184] AP ENDED for ENERGY in VIC1 at 23 June 2022 03:55

AEMO ELECTRICITY MARKET NOTICE

Issued by Australian Energy Market Operator Ltd at 0355 hrs on 22 June 2022

ADMINISTERED PRICE PERIOD ENDS in VIC1 region.

In accordance with Clause 3.14.2(b) of the National Electricity Rules, AEMO is notifying market participants that the administered price period declared for the VIC1 region in market notice 98784 will end at 0400 hrs on 23 June 2022.


This is an AEMO autogenerated Market Notice.
99048ADMINISTERED PRICE CAP23/06/2022 03:55:01 AM

[EventId:183] AP ENDED for ENERGY in QLD1 at 23 June 2022 03:55

AEMO ELECTRICITY MARKET NOTICE

Issued by Australian Energy Market Operator Ltd at 0355 hrs on 22 June 2022

ADMINISTERED PRICE PERIOD ENDS in QLD1 region.

In accordance with Clause 3.14.2(b) of the National Electricity Rules, AEMO is notifying market participants that the administered price period declared for the QLD1 region in market notice 98783 will end at 0400 hrs on 23 June 2022.


This is an AEMO autogenerated Market Notice.
99047ADMINISTERED PRICE CAP23/06/2022 03:55:01 AM

[EventId:182] AP ENDED for ENERGY in NSW1 at 23 June 2022 03:55

AEMO ELECTRICITY MARKET NOTICE

Issued by Australian Energy Market Operator Ltd at 0355 hrs on 22 June 2022

ADMINISTERED PRICE PERIOD ENDS in NSW1 region.

In accordance with Clause 3.14.2(b) of the National Electricity Rules, AEMO is notifying market participants that the administered price period declared for the NSW1 region in market notice 98782 will end at 0400 hrs on 23 June 2022.


This is an AEMO autogenerated Market Notice.
98805MARKET SUSPENSION22/06/2022 09:55:33 AM

Electricity market suspension change of pricing regime

AEMO ELECTRICITY MARKET NOTICE
Electricity market suspension change of pricing regime
Refer initial AEMO Electricity Market Notice 97704

The Spot Market remains suspended in the following regions with the following pricing regimes from Trading Interval 0405 hrs on 23 June 2022 until further notice:
New South Wales from Market Suspension Schedule Pricing to Dispatch Pricing (refer NER clause 3.14.5(d))
Queensland from Market Suspension Schedule Pricing to Dispatch Pricing (refer NER clause 3.14.5(d))
South Australia from Market Suspension Schedule Pricing to Dispatch Pricing (refer NER clause 3.14.5(d))
Tasmania from Market Suspension Schedule Pricing to Dispatch Pricing (refer NER clause 3.14.5(d))
Victoria from Market Suspension Schedule Pricing to Dispatch Pricing (refer NER clause 3.14.5(d))



Relevant Market Notices issued under this suspension:
97704
Manager NEM Real Time Operation
98784ADMINISTERED PRICE CAP22/06/2022 03:55:11 AM

[EventId:184] AP STARTED for ENERGY in VIC1 at 22 June 2022 03:55

AEMO ELECTRICITY MARKET NOTICE

Issued by Australian Energy Market Operator Ltd at 0355 hrs on 22 June 2022

ADMINISTERED PRICE PERIOD DECLARED in VIC1 region.

AEMO has determined that the rolling sum of the uncapped spot prices for the VIC1 region over the previous 2016 trading intervals has exceeded the cumulative price threshold (CPT) of $1,359,100.00.

In accordance with Clause 3.14.2(b) of the National Electricity Rules, AEMO has determined that an administered price period will commence at the trading interval starting 0405 hrs on 22 June 2022 and will continue through to the end of that trading day.

An administered price cap (APC) of 300 $/MWh will apply to all trading intervals during this administered price period. This APC will apply to spot prices and to all market ancillary service prices in the VIC1 region.

An administered floor price (AFP) of -300 $/MWh will apply to spot prices.

AEMO will continue to monitor the rolling sum of the uncapped spot prices and issue further Market Notices as required.

This is an AEMO autogenerated Market Notice.
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