Sector:
Segment:
Category:
$5000 report
Event date:
26 August 2022
Release date:
18 October 2022
Overview
The Australian Energy Regulatory (AER) is required to publish a report whenever the electricity spot market 30-minute price exceeds $5,000/MWh and whenever consecutive 30-minute prices exceed $5,000/MW FCAS markets.
The AER must consider whether the following factors contributed to the significant price outcomes:
- available capacity
- network availability
- offer, bidding and rebidding behaviour in respect of the relevant market.
The AER may consider the following matters:
- broader and ongoing market trends that may be contributing to the significant price outcomes
- any events and behaviours that may be detrimental to effective competition or efficient market operation
- any other matter which the AER considers relevant.
Documents (1) | Author |
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AER - Electricity prices above $5,000 MWh in SA - August and September 2022 ( PDF 272.64 KB ) | AER |