Significant price variations in the STTM - reporting triggers

Date initiated: 
8 November 2012
Effective date: 
21 December 2012


On 21 December 2012, the AER published a Guideline outlining what will constitute a Significant Price Variations in the gas Short Term Trading Market for the purposes of the AER’s reporting obligations under rule 498 of the National Gas Rules.  The AER has published a final decision document at the same time as the Guideline which outlines the AER’s response to submissions.

Under Rule 498 of the National Gas Rules, the AER is required to develop and publish guidelines as to what constitutes a significant price variation for reporting purposes.