AEMC: Participant compensation following market suspension rule change proposal consultation paper (Submissions by 14 June 2018)

“The AEMC is seeking feedback on a rule change request from the Australian Energy Market Operator that proposes a new compensation framework for participants who incur loss during a market suspension event.  

AEMO suspends the spot market when the market cannot operate as normal, for example, if there is no electricity supply due to a ‘black system event’. Market suspension is extremely rare and has only happened twice in the history of the national electricity market…” 

Full post: https://www.aemc.gov.au/news-centre/media-releases/have-your-say-proposed-new-compensation-framework-market-suspension

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