On 1 April 2021, the Australian Energy Market Commission (AEMC) released the draft rule determination titled National Energy Amendment (prioritising arrangements for system security during market suspension) Rule 2021.
The rule change request was submitted by the COAG Energy Council, following recommendations made by the AEMC in its Mechanisms to Enhance Resilience in the Power System – Review of the South Australian Black System Event report (BSE report).
The request intended to provide the Australian Energy Market Operator (AEMO) with flexibility to prioritise arrangements for system security during periods of market suspension, however, since the publication of the report the AEMC has found changed circumstances have negated the need for a new rule. For this reason, the draft determination of the AEMC is to not make a rule in this instance.
The National Energy Amendment (prioritising arrangements for system security during market suspension) Rule 2021 has been assessed by the Office of Best Practice Regulation as compliant with requirements for a Council of Australian Governments Consultation RIS.
The AEMC is accepting submissions on the proposal until 13 May 2021.
Please note: any accessibility queries should be directed to the Australian Energy Market Commission