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Rule Change: RC_2017_06

Type: Standard Rule Change Process

Submitter: AEMO

Title: Reduction of the prudential exposure in the Reserve Capacity Mechanism

Market Rules Affected: 1.26 (new), 1.26.1 (new), 1.26.2 (new), 1.26.3 (new), 1.26.4 (new), 1.26.5 (new), 1.26.6 (new), 1.26.7 (new), 1.26.8 (new), 1.26.9 (new), 1.26.10 (new), 1.31.13, 2.33.5, 4.1.23A (new), 4.1.23B (new), 4.1.23C (new), 4.1.24, 4.1.25, 4.1.28, 4.14.1, 4.14.1A, 4.14.5, 4.15.1, 4.20.5B, 4.21, 4.21.1, 4.25.4C, 4.25.4CA (new), 4.26.2CA, 4.28.1, 4.28.2, 4.28.3, 4.28.6, 4.28.7, 4.28.7A, 4.28.8, 4.28.8A, 4.28.8B, 4.28.8C (new), 4.28.9, 4.28.10, 4.28.11, 4.28.11A, 4.28.12, 4.28A.1, 4.28B.8, 4.28C.14, 4.29.3, 9.3.6, 9.4.1, 9.4.1A, 9.4.2, 9.4.3, 9.4.4, 9.4.5, 9.4.6, 9.4.7, 9.4.8, 9.4.9, 9.4.10, 9.4.11, 9.4.12, 9.4.13, 9.4.14 (new), 9.4.15 (new), 9.4.16 (new), 9.4.17 (new), 9.4.18 (new), 9.5.1, 9.5.3, 9.7.1A, 9.7.1B, 9.16.2, 9.18.3,  10.5.1, Chapter 11 (Glossary), Appendix 1, Appendix 4A, Appendix 5 and Appendix 5A.

Date Submitted: 17 July 2017

Current Status: Transitional provisions commenced on 1 August 2018. The remaining Amending Rules will commence on 1 June 2019.

Timeline:

Event Date Comments
Notification Published 26/07/2017
First Submission Period 26/07/2017– 13/09/2017 The submission period has been extended in accordance with the Extension Notice published on 26 July 2017.
Draft Rule Change Report Published 30/11/2017 The timeframe for publishing the Draft Rule Change Report has been extended in accordance with the Extension Notice published on 24 October 2017.
Second Submission Period 30/11/2017 – 19/01/2018 The submission period has been extended in accordance with the Extension Notice published on 15 January 2018.
Further Submission Period 10/04/2018 - 02/05/2018 A call for further submissions was published on 10 April 2018.
Final Rule Change Report Published 31/05/2018 The timeframe for publishing the Final Rule Change Report has been extended in accordance with the Extension Notice published on 28 February 2018.
Ministerial Approval 27/06/2018
Commencement

01/08/2018

01/06/2019

Transitional provisions commenced on 1 August 2018. The remaining Amending Rules will commence on 1 June 2019.

Documents related to this Rule Change Proposal

Rule Change Notice and Proposal [977kB PDF]

Extension Notice (26 July 2017) [136kB PDF]

Extension Notice (24 October 2017) [150kB PDF]

Draft Rule Change Report [1.2 MB PDF]

Extension Notice (30 November 2017) [130 kB PDF]

Extension Notice (21 December 2017) [149 kB PDF]

Extension Notice (15 January 2018) [150 kB PDF]

Extension Notice (28 February 2018) [86.9 kB PDF]

Call for Further Submissions (10 April 2018) [271 kB PDF]

Final Rule Change Report [678kB PDF]

Commencement Notice (1 August 2018) [132 kB]

Submissions Received in first submission period

AEMO [57kB PDF]

Alinta Energy [41kB PDF]

Bluewaters [233kB PDF]

Change Energy [404kB PDF]

Perth Energy [66kB PDF]

Community Electricity [40kB PDF]

Submissions Received in second submission period

AEMO [137kB PDF]

Alinta Energy [28 kB PDF]

Bluewaters [269kB PDF]

Community Electricity [170kB PDF]

Synergy [120kB PDF]

Submissions Received in further submission period

Alinta Energy [128kB PDF]

Blair Fox [46kB PDF]

Change Energy [398kB PDF]

Community Electricity [23kB PDF]

Perth Energy (received out of session) [224kB PDF]

Synergy [142kB PDF]

Page last updated: 26 Nov 2018