Day-ahead auction of contracted but un-nominated capacity and reporting framework
The Gas Market Reform Group (GMRG) released a consultation paper on the day-ahead auction of contracted but un-nominated capacity and reporting framework for secondary trades. The preparation of this consultation paper was informed by the work carried out by the Day-Ahead Auction and Standardisation project teams, the Australian Energy Market Operator (AEMO) and advice from the GMRG’s independent auction advisor, NERA Economic Consulting (NERA), and its legal advisor, Johnson, Winter & Slattery (JWS).
This consultation paper comprised two parts. Part A focused on the day-ahead auction of contracted but un-nominated capacity, while Part B focused on the reporting framework for secondary capacity trades. A report by NERA providing expert advice on the coverage of the day-ahead auction of contracted but un-nominated capacity is also available below for reference.
The GMRG sought written feedback on this consultation paper and stakeholders had an opportunity to attend a public forum.
Following consideration of stakeholder feedback, the GMRG provided recommendations to the Energy Council for its consideration in December 2017.
All stakeholder submissions received in response to this consultation process are available below, excluding where stakeholders clearly indicated that a submission should remain confidential, either in whole or in part. Submissions were received on a partially confidential basis from the following stakeholders:
- Origin Energy