The AER reports on significant price variations in the Short Term Trading Market and the Victorian Gas Market.
This Significant Price Variation (SPV) report is published by the AER in accordance with the requirements under Rule 498(1)(b) of Part 20 of the National Gas Rules (Gas Rules). This report analyses the events of the 21 November 2016 gas day in relation to the Market Operator Service (MOS) 'service payments' exceeding the threshold of $250 000.