On 8 October 2019, the Hon Lily D’Ambrosio MP, Minister for Energy, Environment and Climate Change, Minister for Solar Homes (Victoria), to amend the National Electricity Rules (NER).
The rule change request seeks a jurisdictional derogation for Victoria to allow the Australian Energy Market Operator (AEMO) to contract for emergency reserves under the reliability and emergency reserve trader (RERT) mechanism on a multi-year basis in that state. Specifically, the proposal would enable AEMO to procure long-notice RERT contracts of up to three years’ duration.
Consultation paper
On 24 October, the AEMC published a consultation paper seeking stakeholders’ views on the proposed changes to the NER. The AER provided a submission to this consultation paper on 22 November 2019.
More information
More information on the Victorian jurisdictional derogation – RERT contracting.