The AEMC today published the schedule of reliability settings for 2019-20, including the market price cap and the cumulative price threshold.
Under the National Electricity Rules, and as part of the schedule, the AEMC makes these calculations each year, in line with the consumer price index.
The values for the market price cap and cumulative price threshold for the 2019-20 financial year are:
|Market price cap||$14,500/MWh||$14,700/MWh|
|Cumulative price threshold||$216,900||$221,100|
The updated values for the market price cap and cumulative price threshold apply from 1 July 2019.