Non - Suspension of QPM Energy Markets Pty Ltd (Receivers and Managers Appointed) (Administrators Appointed) ABN 22 665 474 475
The Australian Energy Market Operator (AEMO) advises under clause 3.15.21(c5) of the National Electricity Rules (NER) that an external administration default event has occurred in respect of QPM Energy Markets Pty Ltd (Receivers and Managers Appointed) (Administrators Appointed) ABN 22 665 474 475(‘QPM') and AEMO has made a non-suspension decision in accordance with NER 3.15.21(c2).
The following registration categories and the activities (or subset of activities) of those registration categories of QPM are affected by and are the subject of the non-suspension decision with effect from 00:00 hours Australian Eastern Standard Time on 11 July 2026:
- Reallocator
Despite the non-suspension decision, AEMO may issue a suspension notice in relation to the registration categories and activities covered by this non-suspension decision in circumstances as set out in NER 3.15.21(c6)(1) to (3)
The circumstances set out in NER (c6)(1) to (3) are:
- AEMO considers that the defaulting Market Participant has failed to satisfy any of the conditions that apply to the non-suspension decision;
- a further default event occurs in respect of the defaulting Market Participant; or
- AEMO is not satisfied that the defaulting Market Participant will meet its relevant liabilities under the Rules.
ENDS
For more information, please contact AEMO Media:
[email protected]
0409 382 121
About AEMO
AEMO is responsible for operating Australia’s largest gas and electricity markets and power systems in the best interests of Australian energy consumers. These include the National Electricity Market and interconnected power system in Australia’s eastern and south-eastern seaboard, the Wholesale Electricity Market and power system in Western Australia, the Victorian gas transmission system and gas markets across Australia.
As Australia’s independent energy markets and power systems operator, AEMO provides critical planning, forecasting and power systems security advice and services to deliver energy security for all Australians. AEMO is a not-for profit entity. For more information, head to www.aemo.com.au.