RRO triggered in NSW

RRO triggered in NSW

AU Energy Compliance
The AER has accepted a recommendation from AEMO and has made the T-3 reliability instrument triggering the Retailer Reliability Obligation (RRO). In making this decision the AER considered if AEMO’s reliability forecast contained any material errors in either calculation or input data, or inaccurate assumptions that materially impact the forecast reliability gap. The AER also considered if AEMO had used reasonable endeavours to prepare the reliability forecast in accordance with the AER’s Forecasting Best Practice Guidelines. No material errors or inaccurate assumptions were identified by the AER and as such it made the reliability instrument. The reliability instrument applies during weekdays from 1 January to 29 February 2024, for the trading periods between 3 PM and 8 PM AEST. What this means is that liable entities in NSW should consider…
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Advance warning of energy discount expiry

AU Energy Compliance
By Anne Wardell, Compliance Quarter.  The National Energy Retail Amendment (Notification of end of fixed benefit period) Rule 2017 No. 2., Schedule 1 commenced on 1 February 2018. It amended the National Energy Retail Rules (the Rules) in the following way: • Omitted the existing Rule 45A and introduced a new Rule 45A Definitions; • Inserted a new Rule 48A Retailer notice of benefit change – market retail contract; and • Inserted a new Rule 48B Benefit change notice guidelines. The amended rule requires energy retailers with small customers on market retail contracts for gas or electricity which includes a minimum or fixed benefit period to notify customers prior to the end of the benefit period (energy discount expiry). The Information Sheet which accompanies the Rule change sets out the…
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Power of Choice Procedure Changes Package 3 released

Power of Choice Procedure Changes Package 3 released

AU Energy Compliance, Uncategorized
By Anne Wardell, Compliance Quarter The Australian Energy Market Operator has released Package 3 changes to amend a number of procedures which had previously been amended or developed as part of the Power of Choice reforms. Substantial Amendments - Package 3 - Power of Choice Reforms Some of the amendments are minor but there are also more substantial changes which have been identified as follows: Procedural issues that are seen as unnecessarily restrictive; Alignment of procedures released in Package 1 with corresponding changes in procedures released in Package 2; Removal of redundant legacy provisions in procedures; and Issues regarding the requirement to specify when an existing metering installation that is to be replaced by an MC may be a ‘network device’[1]. These issues arose following publication of the procedures in…
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