On 3 April 2008 we submitted a rule change proposal to the Australian Energy Market Commission (AEMC) relating to the obligation imposed on NEMMCO under clause 3.9.2 of the National Electricity Rules to set the dispatch price to the value of lost load (VoLL) following the shedding of interruptible load as a result of a contingency event.
AER Rule change request
On 22 October 2008 the AEMC published a notice seeking submissions on a specific issue raised by the National Generators Forum (NGF) in relation to the setting VoLL following the shedding of interruptible load rule change proposal.
This rule change proposal was put forward by the AER following its investigation into the events of 16 January 2007, when bushfires caused transmission lines between Victoria and New South Wales to fail.
On 7 November 2008, we provided a submission to the AEMC which comments on the issue raised by the NGF.