AEMC today extended the date for publication of the reserve services draft determinations to 9 December 2021. These determinations relate to two related rule change requests seeking to introduce arrangements for operating reserve markets alongside the NEM’s spot and frequency control ancillary services (FCAS) markets.

The Commission decided additional time was necessary because:

  • the issues raised in both the rule change request are complex and therefore require further consideration and modelling in order to consider the issue of whether it would promote the long-term interests of consumers to explicit unbundle operating reserves from their current implicit provision
  • the rule change requests are also being considered in the context of the ESB post 2025 market design program, and in collaboration with relevant market bodies
  • more extensive stakeholder consultation.

No formal consultation will take place during this extension period, but the Commission will continue to undertake informal consultation. 

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