The Australian Energy Market Commission (AEMC) will now publish its draft determination for the Amendment to the Market Price Cap, Cumulative Price Threshold and Administered Price Cap rule change by 14 September 2023.
This project involves careful examination of a rule change request to improve the reliability of the energy market.
An extension of time will allow the Commission further opportunity to consider the matters raised in response to the consultation paper.
In particular, the Commission has extended the timeframe to better investigate:
- the interactions between jurisdictional reliability schemes and the market price settings, and
- reliability and consumer cost outcomes
Visit the project page for further information and contact details.
Media enquiries: Nicole Stokes | 0401 826 522 | media@aemc.gov.au