NEC - Extension of Reserve Trader Sunset

Summary

The reliability safety net, or reserve trader, arrangements in the market allow NEMMCO to enter into reserve contracts in order to ensure that the reliability of supply in a region meets the standard determined by the Reliability Panel. The Commission recently authorised a derogation to the code to widen the scope of the reserve trader arrangements to ensure that they can be more competitive and to allow more extensive demand-side involvement. This code change seeks an extension to these arrangements.

Authorisation granted to amend NEC relating to extension of the reserve trader provisions.

Applicant(s)

  • NECA

Authorisation number(s)

  • A90864
  • A90865
  • A90866