Final Report and Determination:
- Reallocation Procedure: Swap and Option Offset Reallocations
- Reallocation Procedure: Energy and Dollar Offset Reallocations
Date of Final Report and Determination: 1 December 2016
Background: AEMO has published the Final Report and Determination for the NEM Reallocation Procedures Consultation with amendments to the Reallocation Procedure: Swap and Option Offset Reallocations (SOOR Procedure) and Reallocation Procedure: Energy and Dollar Offset Reallocations (EDOR Procedure).
The Reallocation Procedures required amendment to comply with the conditions of the CS Facility Exemption that has been granted to AEMO. When drafting the SOOR Procedure, AEMO identified a number of improvements and potential improvements common to the EDOR Procedure, including removal of the Reallocation Timetable and establishing it as a separate document.
The new swap, cap and floor reallocations will be available to participants in the Electricity Market Management System (EMMS) on 14 December 2016. Participants are advised to contact AEMO in advance to complete the necessary prerequisites.
The Reallocation Procedures and Reallocation Timetable are published on the AEMO website here.
All queries should be sent to prudentials@aemo.com.au
Documents relating to this consultation:
- FINAL Report and Determination NEM Reallocation procedures
- Reallocation Procedure EDOR FINAL compared to 2nd stage draft change marked
- Reallocation Procedure SOOR FINAL compared to 2nd stage draft change marked
- Draft Report and Determination and Notice of Second Stage Consultation
- Reallocation Procedure: Energy and Dollar Offset Reallocations - draft (change marked)
- Reallocation Procedure: Energy and Dollar Offset Reallocations - draft (clean)
- Reallocation Procedure: Swap and Option Offset Reallocations - draft (change marked)
- Reallocation Procedure: Swap and Option Offset Reallocations - draft (clean)
- Reallocation Timetable - draft
- First Stage Consultation Notice
- Issues Paper
| Stage of Consultation | Date | Status |
| Notice of first stage consultation and Issues Paper published | 12 August 2016 | Complete |
| First stage submissions closed | 20 September 2016 | Complete |
| Draft Report & Notice of second stage consultation published | 18 October 2016 | Complete |
| Submissions due on Draft Report | 4 November 2016 | Complete |
| Final Report published | 1 December 2016 | Complete |