- Tuesday, 03rd July 2018
The COAG Energy Council has approved the legal and regulatory instruments that will implement the capacity trading reform package.
- Tuesday, 12th June 2018
Stakeholder feedback is sought on a discussion paper prepared by Oakley Greenwood to inform its independent review of whether allocation arrangements are act
- Monday, 19th March 2018
The public consultation on the legal and regulatory framework required to implement the capacity trading reform package is now closed.
The Gas Market Reform Group (GMRG) was established by the Council of Australian Governments Energy Council in August 2016 to lead the design, development and implementation of:
- a new information disclosure and commercial arbitration framework for non-scheme pipelines;
- the capacity trading reform package, which provides for the development of a capacity trading platform, a day-ahead auction of contracted but un-nominated capacity, a reporting framework for secondary capacity trades and the development of standard terms to facilitate the trade of transmission pipeline and compression services; and
- the development of the terms of reference for the Australian Energy Market Commission’s (AEMC) biennial review on the growth in liquidity in wholesale gas and pipeline capacity trading markets.