Market Review: Completed
Overview
The Reliability Panel (Panel) published its 2007 VoLL Review final report on 27 April 2007.
In accordance with clauses 3.9.4(c) and 3.9.6(c) of the National Electricity Rules, the Panel is also required to review the levels of the Value of Lost Load (VoLL) and market floor price by 30 April each year.
The Panel published the Draft Determination on its 2007 VoLL Review on 2 April 2007 in Appendix 3 of its Interim Report on the Comprehensive Reliability Review.