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:
|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.