The time to make the final determination on the proposed rule change for Compensation for market participants affected by intervention events has been extended and will be made by 4 November 2021.
This better aligns with the revised timeline for the Integrating energy storage systems into the NEM rule change, allowing the AEMC to consider the proposed changes together.
The AEMC determined that both rule changes should be considered together following issues raised by AEMO in response to the draft determination for the Intervention Compensation rule change on how the compensation framework applies to energy storage systems.
A directions paper outlining the proposed approach to the final rule and allowing for additional consultation will be published in the interim.
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