Market Suspension Pricing Methodology

19/01/2023
Market National Electricity Market
StageFinal Report
ConvenorAEMO NEM
Initiated19/01/2023
Accepting submissions?No

AEMO is conducting a minor consultation on the Market Suspension Pricing Methodology (MSPM).

This consultation is being conducted under clause 3.14.5(e) of the National Electricity Rules (NER), in accordance with the Rules consultation requirements detailed in clause 8.9.4 of the NER.

Matter under Consultation

The matter for consultation is the MSPM, more particularly remove MSPM reference to the number of FCAS markets i.e., from ‘eight FCAS Markets’ to ‘FCAS markets’ due to the introduction of 1 second FCAS services in October 2023.

The Consultation Process

The consultation process is outlined below. Dates are indicative only and subject to change.

Consultation steps  Dates
 Consultation paper published  19 January 2023
 Submissions due on consultation paper  3 February 2023
 Final report published  Thursday 2 March 2023

Invitation to Make Submissions

Submissions now closed.

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