COAG Consultation Regulation Impact Statement – Australian Energy Market Commission
On 19 November 2020, the Australian Energy Market Commission (AEMC) released the draft rule determination and rule titled National Electricity Amendment (Semi-Scheduled Generator Dispatch Obligations) Rule 2020.
The proposed rule seeks to address the issue of semi- scheduled generators curtailing generation in response to market prices without rebidding or waiting for an updated dispatch instruction from AEMO.
This rule change would progress one of the interim security measures developed by the COAG Energy Council Energy Security Board that is expected to improve outcomes while more fundamental reforms are designed and implemented through a longer term market design process.
The AEMC is accepting submissions on the draft determination and rule until 14 January 2021 and expects to publish a final determination on 25 February 2021.
The Draft National Electricity Amendment (Semi-Scheduled Generator Dispatch Obligations) Rule 2020 has been assessed by the Office of Best Practice Regulation as compliant with requirements for a Council of Australian Governments Consultation RIS.
Please note: any accessibility queries should be directed to the Australian Energy Market Commission