The AER reports on significant price variations (SPV) in the Short Term Trading Market (STTM) and the Victorian Declared Wholesale Gas Market.
This SPV report is published by the AER in accordance with the requirements under Rule 498 of Part 20 of the Gas Rules. This report analyses the events of 19 June 2023 in the Sydney STTM, where the difference between the provisional D-2 forecast price and the D-1 ex ante price was greater than $14/GJ.