Market Rules Design Review
The IMO’s Market Rules Evolution Plan and recommendations of the Verve Energy Review identified the need for an evaluation of the Wholesale Electricity Market Rules for a number of aspects of the WEM design.
As a consequence of these two pieces of work the Market Rules Design Team was established to undertake this evaluation. In particular, changes to the Market Rules relating to day ahead planning and real time dispatch reflected in the operation of the Short Term Energy Market, balancing market and ancillary services are being considered.
The Market Rules Design Team is made up of representatives from:
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IMO;
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System Management; and
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Oakley Greenwood (for the Oates Review Committee).
Relevant Papers
The following papers are relevant to the Market Rules Design Review.
Market Rules Evolution Plan
Verve Energy Review
Market Advisory Committee Papers
Verve Energy Review: Market Rules Implementation discussion and information paper (January 2010) [549kB]
Stakeholder Engagement
Workshop 1: 10 May 2010, 9.00am - 2.00pm
Workshop slides [1.8MB]
Workshop Questions & Answers [105kB]
MAC Workshop: 15 June2010, 9.00am - 4.30pm
Workshop Presentation [1.5MB]