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South Australia Market suspension update
AEMO confirms the conditions for suspension of the electricity spot market in the South Australia region described in clause 3.14.3(a) of the National Electricity Rules (NER) remain in place. Although a substantial amount of load has been restored in South Australia, AEMO is unable to operate the spot market in significant parts of the north of South Australia in accordance with normal dispatch processes. Consequently the spot market in South Australia remains suspended until further notice.
For the duration of the suspension, spot prices and ancillary service prices in South Australia are determined by the relevant market suspension pricing schedule developed and published in accordance with clause 3.14.5(l) of the NER. The schedule is available on AEMO's website at https://www.aemo.com.au/Electricity/National-Electricity-Market-NEM/Data/Market-Management-System-MMS/Market-Suspension-Default-Pricing-Schedule.
Prices in the DISPATCHPRICE report will be substituted with prices for energy and ancillary services in the published market suspension pricing schedule (see Market Notice 54989). The suspension flag in the report is only changed once those prices have been substituted. We are working on uploading the suspension prices as soon as possible.
Suspension pricing will be applicable until AEMO issues a further market notice lifting the spot market suspension. AEMO will give four hours notice prior to lifting the spot market suspension.
AEMO will then review prices in other regions as required by the National Electricity Rules, within one business day after the suspension is lifted. Spot prices in other NEM regions that have had actual flow towards South Australia may also need to be capped in accordance with clause 3.14.5(m). This will also be done as soon as practicable.
Manager NEM Real Time Operations
Determination of the spot price in the SA region.
Determination of the spot price in the SA region.
Refer to the AEMO Electricity Market Notice No. 54987 which declared the spot market to be suspended in the SA region.
Commencing from 1625 hrs until further notice the spot price in SA Region will be determined from the Market Suspension Default Pricing Schedule available on the AEMO website.
Manager NEM Real Time Operations
AEMO declares the spot market to be suspended in SA on the 28/09/2016
ELECTRICITY MARKET SUSPENSION NOTICE
AEMO declares the spot market to be suspended.
The Spot Market is suspended at 1625 hrs on 28/09/2016 in the South Australia region
The reason for the suspension is that:
The power system has collapsed to a black system in the SA region.
Manager NEM Real Time Operations