Rule Changes: Open

Improvements to Natural Gas Bulletin Board

Reference:
GRC0040
Stage:
Preparation of Draft Determination
Proponents:
COAG Energy Council
Project Leader:
Shari Boyd
Date initiated:
Overview

On 18 April 2017 the AEMC received a rule change request from the COAG Energy Council in relation to improvements to the natural gas Bulletin Board.

On 18 April 2017 the AEMC received a rule change request from the COAG Energy Council in relation to improvements to the natural gas Bulletin Board.

The rule change request would amend Part 18 of the National Gas Rules (NGR). The purpose of the request is to:

  • clarify the purpose of the Bulletin Board
  • remove the current zonal model and establish a new reporting model
  • exempt remote and non-connected pipelines from reporting obligations
  • include regional pipelines and facilities and facilities attached to distribution pipelines
  • establish a new registration framework and threshold
  • include a reporting standard
  • remove the market participant and Australian Energy Market Operator (AEMO) cost recovery provisions
  • add a new biennial reporting requirement for AEMO.

Fast-track process

On 13 June 2017 the Commission initiated the rule change request under the fast-track process. Under the fast-track process there is no first round consultation and a draft rule determination must be published within five weeks of initiation.

The rule change request has been fast-tracked as it reflects the recommendations contained in the Final Report – Information Provision, East Coast Wholesale Gas Market and Pipeline Frameworks Review. Further, the AEMC consulted extensively with stakeholders on the subject matter, recommendations and conclusions contained in the final report as part of the review process.

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Documentation