The AER has published the Automated bidding and utilisation of third-party services Compliance Bulletin, which is designed to provide guidance to electricity market participants who are using auto-bidding software, or engaging with third-party service providers.
The AER recognises the numerous benefits that using auto-bidding software can make to the market, however we consider that without appropriate safeguards in place, they can also give rise to an increased risk of non-compliance with the National Electricity Rules (NER).
The Compliance Bulletin seeks to address this risk by providing best practice expectations to assist market participants in complying with relevant NER obligations when making bids or rebids through an auto-bidder, or when using a third-party service provider.
The guidance set out in the Compliance Bulletin was first considered as part of proposed updates to the AER’s Rebidding and Technical Parameters Guideline (Guideline). Given the decision to delay updates to the Guideline, the AER has decided to publish this guidance separately.
Any queries related to the Compliance Bulletin or the AER’s Rebidding and Technical Parameters Guideline can be emailed to AERCompliance
aer [dot] gov [dot] au (AERCompliance[at]aer[dot]gov[dot]au).