On 20 December 2018, the AEMO submitted a rule change request to the AEMC for the introduction of a voluntary short term forward market (STFM) to enable participants to contract for electricity in the week leading up to dispatch. This rule change request was in response to an AEMC recommendation from its Reliability Frameworks Review, finalised in July 2018.
Consultation paper
On 11 April 2019 the AEMC published a consultation paper seeking stakeholder feedback on the rule change request. The AER provided its submission to this consultation paper on 27 May 2019.
AER submission to AEMC consultation paper - Short term forward market - 27 April 2019
More information
More information on the short term forward market rule change request.