Gas Day Harmonisation
In this section
In this sectionGas
In early 2017 the AEMC published a rule determination to harmonise the start time of the gas day used in the short-term trading market hubs and the gas supply hub trading locations with the gas day start time used in the Victorian declared wholesale gas market. Under the rule, the gas day in each market at each location will commence at 6.00 am Australian Eastern Standard Time (AEST). This change will also result in standardising the next gas day nomination cut-over time which will be 3pm AEST.
In late 2017 the COAG Energy Council considered a range of reform recommendations put forward by Gas Market Reform Group’s (GMRG) which include harmonising the start time of the gas day. At the November 2017 COAG Energy Council meeting, Ministers agreed with the full package of reforms put forward by GMRG which included a recommendation that harmonising the start time of the gas day changes take effect by 1 October 2019. The relevant National Gas Law (NGL) and National Gas Rule (NGR) changes were made by the SA Minister for Energy on 22 November 2018.
In September of 2018, AEMO kicked-off a program of work to update relevant market procedures and market systems to reflect the new standard gas timetable.
As required by the NGR, AEMO is also consulting on the Transition Plan for gas markets affected by the changes. The transition plan includes general principles for transition that AEMO has used to develop the transition plan.
The NGR also requires affected natural gas facilities to prepare transition plans for their facilities by no later than 30 June 2019. AEMO suggests that affected facility operators follow the general principles for transition included in the gas market transition plans.
Gas Day Harmonisation Consultation Pages
Gas Day Harmonisation – Review of guidelines
Retail Market Guidelines
As part of the program of work to review the impact of harmonising the start time of the gas day initiative, AEMO has completed a review of all QLD, NSW/ACT and SA retail market guideline. A list of all guidelines that were reviewed can be viewed below.
- List of retail market guideline documents (98 KB, pdf)
This review revealed that two guidelines required minor amendments. An extract from each of these guidelines showing the marked-up changes can be viewed below.
- Extract of marked up changes to guideline (239 KB, pdf)
Stakeholders are welcome to review all guidelines in the list noted above to determine whether any of these guidelines require amendments. Stakeholder are also invited to provide feedback on the marked-up changes if they identify any issues with the marked-up changes to the two guidelines mentioned above. Feedback is to be sent to firstname.lastname@example.org and must be received by COB Friday 29 March 2019.