Submission to the AEMC on five minute settlement rule change proposal

AGL has made this submission to the AEMC in relation to the proposed five minute settlement rule change.

The proposal would involve changing the current 30 minute settlement period in the National Electricity Market to a compulsory five minute settlement for generators, scheduled loads and market interconnectors. Demand side participants in the wholesale market, including retailers and large consumers, would choose to be settled on either a five or 30 minute basis.

The AEMC will make a draft determination in relation to this rule change request by March 2017.

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