On 20 June 2013 the Australian Energy Market Commission (AEMC) received a rule change request from AEMO seeking to amend the governance arrangements for the development of electricity retail market procedures. The proposal would lead to changes in the development process and management of these procedures, in particular the B2B procedures.
Consultation paper
On 29 November 2013 the AER made a submission in response to the AEMC’s consultation paper on the rule change request made by AEMO, relating to the governance of retail market procedures under chapter 7 of the National Electricity Rules, including Business to Business procedures, as well as Market Settlement and Transfer Solution (MSATS) procedures. The submission focused on the proposed enforcement arrangements, and the impact of limiting the AER’s enforcement options in relation to MSATS. The AER argued that removing civil penalty provisions from the MSATS procedures would diminish the ability of the AER to enforce compliance with the procedures, and have limited enforcement capabilities regarding the customer transfer process.
AER submission to AEMC rule change on Governance of retail market procedures - 29 November 2013
More information
More information on AEMC's Governance of retail market procedures can be found on the AEMC website.