Capacity trading reform package - design
Final recommendations
The COAG Energy Council unanimously approved the Gas Market Reform Group’s (GMRG) final recommendations on:
- who should operate and administer the capacity trading platform and the day-ahead auction in July 2017;
- the design of the standardisation reforms, the capacity trading platform (CTP) and reporting framework for secondary trades on 24 November 2017;
- the design of the day-ahead auction (DAA) of contracted but un-nominated capacity on 3 January 2018 (out-of-session); and
- the legal and regulatory instruments required to give effect to the capacity trading reform package on 29 June 2018 (out-of-session).
The GMRG’s recommendations on the capacity trading reforms were developed following extensive stakeholder consultation, with feedback provided by a range of gas producers, retailers, gas users, pipeline service providers and market institutions.
Use the links below to view documents associated with the capacity trading reform final recommendations:
- Capacity Trading Reform Package Legal and Regulatory Framework – Explanatory Note
- Capacity Trading Reform Package Legal and Regulatory Framework – Guidance Notes
- Capacity Trading Reform Package Legal and Regulatory Framework – Information Paper
- Capacity Trading Reform Package Legal and Regulatory Framework – Consultation paper
- Design of the Day-Ahead Auction of Contracted but Un-nominated Capacity – Final Recommendations
- Day-ahead auction of contracted but un-nominated capacity and reporting framework – Consultation Paper
- Design of Standardisation Reforms, Capacity Trading Platform and Reporting Framework – Final Recommendations
- Standardisation Related Reforms and the Capacity Trading Platform – Consultation Paper
- Operation and administration of the Capacity Trading Platform(s) and Day-Ahead Auction – Final Recommendations
- Operation and Administration of the Capacity Trading Platform(s) and Day-Ahead Auction: Consultation Paper
Project teams
To progress transportation (pipeline and hub services) capacity trading reforms, the GMRG established the Standardisation, Capacity Trading Platform and Day-Ahead Auction project teams. Use the links below to view documents associated with project teams.