Aemo Auction Participation Agreement
The new version of the auction rules and related agreements will enter into force on 1 October 2019. Any provisional authorisation was subject to conditions which remained mandatory, a reporting obligation, an obligation for operators in the sector, the reporting obligations applicable to LNG installations which have been the subject of other authorisations and the obligation that all agreements concluded under the authorisation terminate when the authorisation expires or is withdrawn. These conditions are also laid down in the final decision. b. ensure a continuous energy supply to help consumers, businesses, businesses, government businesses and the economy during the pandemic. c. minimize the risk of power cuts during the pandemic. one. On 17 April 2020, the AEMO modified the behaviour proposed in its application for authorisation by excluding “the conclusion of contracts, agreements or agreements concerning the supply or purchase of gas on the basis of the proposed authorisation”.
On the same day, the ACCC revoked the provisional authorisation it had granted on 3 April 2020 and granted a new provisional authorisation allowing participants from the AEMO and the energy sector to participate in a wider range of practices (compared to the provisional authorisation of 3 April), but not allowing the exchange of information and/or the conclusion of agreements on the availability of gas. On 16 July 27, 2020, AEMO continued to limit the scope of the proposed coordination between AEMO and energy sector participants to the following categories: the Residue Settlements Committee approved the final amendments to the Residue Auction Rules settlement for the implementation of secondary trade, with a notice published on 30 July 2019. This includes amending the auction contract and the late sale contract. AEMO conducted two separate consultations to amend the auction rules to implement secondary trade. The documents relating to these consultations are available on the following pages: d. ensure that sufficient resources are available for the maintenance and operation of energy infrastructure, including essential personnel and equipment such as fuel, parts equipment; or The final version of the auction rules and the corresponding executable auction participation agreement are available at the following links: Further consultation will also be carried out regarding the changes to the APA resulting from the 5MS consultation. Information on this consultation is available here. one. ensure the safe and/or reliable operation of Australia`s energy systems and/or the continued operation and integrity of wholesale markets, which strengthen energy supply during the COVID-19 pandemic. and only if those activities are carried out for one of the objectives summarized in the first paragraph. On July 17, 24, 2020, the ACCC issued a final decision on conditional authorization by May 31, 2021.
On July 24, 2020, the ACCC published a draft finding proposing the granting of conditional authorization before March 31, 2021. At the same time as the publication of the draft finding, the ACCC withdrew the provisional authorization of April 17, 2020 and granted a new provisional authorization allowing the limited range of behaviours proposed by the AEMO on July 16, 2020. . .