Type: Standard Rule Change Process
Submitter: AEMO
Title: Reduction of the prudential exposure in the Reserve Capacity Mechanism
Market Rules Affected: 1.26 (new), 1.26.1 (new), 1.26.2 (new), 1.26.3 (new), 1.26.4 (new), 1.26.5 (new), 1.26.6 (new), 1.26.7 (new), 1.26.8 (new), 1.26.9 (new), 1.26.10 (new), 1.31.13, 2.33.5, 4.1.23A (new), 4.1.23B (new), 4.1.23C (new), 4.1.24, 4.1.25, 4.1.28, 4.14.1, 4.14.1A, 4.14.5, 4.15.1, 4.20.5B, 4.21, 4.21.1, 4.25.4C, 4.25.4CA (new), 4.26.2CA, 4.28.1, 4.28.2, 4.28.3, 4.28.6, 4.28.7, 4.28.7A, 4.28.8, 4.28.8A, 4.28.8B, 4.28.8C (new), 4.28.9, 4.28.10, 4.28.11, 4.28.11A, 4.28.12, 4.28A.1, 4.28B.8, 4.28C.14, 4.29.3, 9.3.6, 9.4.1, 9.4.1A, 9.4.2, 9.4.3, 9.4.4, 9.4.5, 9.4.6, 9.4.7, 9.4.8, 9.4.9, 9.4.10, 9.4.11, 9.4.12, 9.4.13, 9.4.14 (new), 9.4.15 (new), 9.4.16 (new), 9.4.17 (new), 9.4.18 (new), 9.5.1, 9.5.3, 9.7.1A, 9.7.1B, 9.16.2, 9.18.3, 10.5.1, Chapter 11 (Glossary), Appendix 1, Appendix 4A, Appendix 5 and Appendix 5A.
Date Submitted: 17 July 2017
Current Status: The Amending Rules commenced at 8:00 AM on 1 August 2018 and 1 June 2019.
| Event | Date | Comments |
|---|---|---|
| Notification Published | 26/07/2017 | |
| First Submission Period | 26/07/2017– 13/09/2017 | The submission period has been extended in accordance with the Extension Notice published on 26 July 2017. |
| Draft Rule Change Report Published | 30/11/2017 | The timeframe for publishing the Draft Rule Change Report has been extended in accordance with the Extension Notice published on 24 October 2017. |
| Second Submission Period | 30/11/2017 – 19/01/2018 | The submission period has been extended in accordance with the Extension Notice published on 15 January 2018. |
| Further Submission Period | 10/04/2018 - 02/05/2018 | A call for further submissions was published on 10 April 2018. |
| Final Rule Change Report Published | 31/05/2018 | The timeframe for publishing the Final Rule Change Report has been extended in accordance with the Extension Notice published on 28 February 2018. |
| Ministerial Approval | 27/06/2018 | |
| Commencement |
01/08/2018 01/06/2019 |
Transitional provisions commenced on 1 August 2018. The remaining Amending Rules commenced on 1 June 2019. |
