Overview of the Short Term Trading Market

This course will provide attendees with a broad understanding of how the Short Term Trading Market operates, and comprises two parts;

  1. Introduction to Gas (common to both the Overview of the STTM and the Overview of the DWGM), and
  2. Overview of the Short Term Trading Market.

It will be delivered in hybrid mode, allowing for participants to attend either in-person or virtually via Microsoft Teams, over two half-days.

Course content:

Introduction to Gas

  • Introduction to gas wholesale markets
  • The fundamentals of natural gas;
    • Physical characteristics
    • The basics of transportation
    • Storage
  • Demand and Supply
    • Gas usage in Australia
    • How gas is produced
    • Alternatives to natural gas
  • AEMO’s role in the Australian gas industry   

Overview of the STTM

  •   Basic concepts in market design and key processes for its operation, including;
    • The roles of the different categories of participants and the inter-relationships between them
    • Physical and Contractual arrangements
    • Scheduling
    • Bids and market price-setting
    • Deviations, variations, and MOS
  • How the market is settled
  • AEMO’s role in the operation of the STTM
Learning objectives:

Attendees of the course will gain an understanding of AEMO's role in the STTM.

Cost

$480 (plus GST) per person for the Overview of the STTM only.

Note: the cost of enrolling in both the Overview of the STTM and the Overview of the DWGM is $720 (plus GST) per person. Please use the East-coast Gas Market Overviews bundle in the AEMO Learning Academy to enrol in both courses.

Course dates:
Date
Time
Location
Status

14 May (Intro to Gas) &
16 May (STTM Overview)
2024

9:00am-1:00pm
(AEST) both days

Hybrid:
In-person (Melbourne)
or Virtual (MS Teams)

Completed

23 October (Intro to Gas) &
25 October (STTM Overview)
2024

9:00am-1:00pm
(AEDT) both days

Hybrid:
In-person (Melbourne)
or Virtual (MS Teams)

Completed

Course dates for the first half of 2025 will be published here on Monday, 2 December at 10am AEDT
How to enrol:
  • Visit the AEMO Learning Academy
  • Click on the catalogue button to view courses
  • Add the education course to the Cart
  • Create an individual log in

You will also be able to access the AEMO eLearning and education catalogues.

For more information, please contact energyeducation@aemo.com.au

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