Rule Change: Open
On the 26th of May 2020, the AEMC received a rule change request from the COAG Energy Council that seeks to clarify the applicability of the National Electricity Rules during periods of market suspension and provide AEMO with flexibility to prioritise arrangements for system security during periods of market suspension.
On 1 April 2021, the AEMC made a draft determination regarding the proposed rule. This draft determination builds upon the consultation paper published by the Commission and incorporates stakeholder feedback from this process.
The Commission has determined not to make the proposed rule change given that the Rules currently set out clearly what arrangements apply during a period of market suspension, and that attempting to further clarify this may create uncertainty or confusion in relation to the interpretation of the Rules. This was supported by stakeholder submissions, including those from the AER and AEMO to the consultation paper.
Further, circumstances have changed since the rule change was submitted, with a number of the recommendations made by the AER in its BSE report relating to market suspension being actioned.
The Commission invites written submissions from stakeholders on this draft determination by 13 May 2021.
This draft determination follows receipt, on the 26 May 2020, of a rule change request from the COAG Energy Council seeking changes to the National Electricity Rules. The rule change request comes from a recommendation made by the AEMC in the final BSE Report. This request sought to clarify the applicability of the NER during a period of market suspension. It also aimed to provide AEMO with appropriate flexibility to prioritise system security during such events.