In October 2003 VENCorp applied for a minor variation to the market systems and operations rules (MSOR) authorisation to make the following changes:
Clarify how authorised maximum daily quantity is reallocated in the event a tariff D* customer’s withdrawal point is redesignated as a tariff V** site.
Defer the mandatory review of chapter 6*** of the MSOR by one year.
Advance the settlement time by two hours to allow banking to be completed within one day and to align with the National Electricity Market.
The ACCC issued a determination dated 4 February 2004 granting VENCorp’s application to vary the MSOR authorisation.
* Tariff D sites have daily meters and tariffs based on Demand and volume components. They are typically used by large volume customers and have an authorised MDQ allocation.
** Tariff V sites have tariffs based only on volume and do not have a site-specific authorised MDQ allocation.
*** Chapter 6 of the MSO Rules relates to emergency procedures and market interventions.
Variation to VENCorp’s access arrangement—principal transmission system
In October 2003 the ACCC received an application from VENCorp for revisions to its access arrangement of the principal transmission system in Victoria. The proposed revisions related to changes to the MSOR which is incorporated into VENCorp’s access arrangement.
The application tries to amend the MSOR contained in the access arrangement to make it consistent with the MSOR as authorised by the ACCC. The ACCC released a decision on 4 February 2004 which revised VENCorp’s access arrangement.
