The AEMC has made a final rule on the COAG Energy Council’s request to enhance the breadth and accuracy of information provided to the market through the Natural Gas Bulletin Board.
The Bulletin Board, managed by the Australian Energy Market Operator, provides up-to-date gas system and market information to help participants make more informed decisions about trading, investing in, or using gas.
The final rule will increase the amount and frequency of data reported on the Bulletin Board, along with greater data accuracy requirements and a stronger compliance framework.
Under the final rule, AEMO must prepare and implement the new Bulletin Board Procedures by 30 April 2018. Changes to the cost recovery provisions will start in May 2018 the remaining parts of the rule will start in September 2018.