AEMC: Extension for Five Minute Settlement draft determination

The AEMC is extending the date for publishing a draft determination on the Five Minute Settlement rule change request. The draft determination will now be published on 5 September 2017.

The rule change request proposes changing the settlement period for the electricity spot price from 30 minutes to five minutes. It represents a fundamental change to the way the wholesale electricity market operates in Australia, including the hedge market that operates alongside the spot market.

The stakeholder submissions are available on their website.

http://www.aemc.gov.au/News-Center/What-s-New/Announcements/Extension-for-Five-Minute-Settlement-draft-det-(2)

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