Standardisation Related Reforms and the Capacity Trading Platform - Consultation Paper
On 7 September 2017, the Gas Market Reform Group (GMRG) released a consultation paper on the standardisation related reforms and design of the capacity trading platform, which was informed by the work carried out by the Standardisation and Capacity Trading Platform project teams, the Australian Energy Market Operator (AEMO) and the GMRG’s legal advisor, Johnson, Winter & Slattery (JWS). This followed a previous consultation on the operation and administration of the capacity trading platform and day-ahead auction.
Stakeholders were also invited to attend a public forum on the content of the consultation paper on 14 September 2017. The GMRG presentation and the AEMO overview of the capacity trading platform from the forum are available below.
The Standardisation and Capacity Trading Platform Consultation Paper comprises two parts: Part A focuses on the standardisation related reforms and Part B focuses on the design of the capacity trading platform. Part A should be read in conjunction with Attachment 1, which contains a copy of the draft Operational GTA Code, which will establish the contractual terms between secondary shippers and service providers for capacity procured through the capacity trading platform, day-ahead auction and bilaterally.
Following consideration of stakeholder feedback, the GMRG provided recommendations to the Energy Council for its consideration and approval.
All stakeholder submissions received in response to this consultation process are available below: