On 15th November 2018 the AEMC published this notice, inviting submissions regarding three different rule change proposals received to follow a COAG Energy Council request for the AEMC to look into
This followed both:
- The AEMC’s earlier (2015) review of a similarly proposed mechanism – which created a Demand Response Mechanism in the FCAS market, but recommended no change in the Energy market; and
- A subsequent recommendation from the Finkel Review to re-consider such a change.
The three rule change proposals received have been as follows:
Date Received | Organisation | Description |
31 Aug 2018 | Public Interest Advocacy Centre, Total Environment Centre and the Australia Institute | This proposal is for a mechanism that would allow third parties, such as demand response aggregators, to offer Negawatts into the wholesale market in a transparent, scheduled manner |
18th Oct 2018 | Australian Energy Council | This proposal is for a register for Negawatts. This would introduce an obligation for retailers to negotiate in good faith with third parties looking to provide wholesale demand response through a register. |
30th Oct 2018 | South Australian Government | This proposal is for a Negawatt mechanism, as well as a separate, transitory market for Negawatts as an interim step. |
Submissions on the consultation paper are due by 21 December 2018.
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