IMO Market Procedures and Guidelines Documents
Administration Procedure [43kB] - 01 October 2009
The Procedure Administration Procedure outlines the process by which Market Procedures are to be developed and amended. This procedure has been made in accordance with Market Rule 2.9.5.
Capacity Credit Allocation Procedure [130kB] - 12 September 2006
The Capacity Credit Allocation Procedure covers the process by which a Market Participant may make a Capacity Credit Allocation Submission, including the information that is required to be provided.
Certification of Reserve Capacity [424kB] - 15 July 2008
The Certification of Reserve Capacity Procedure covers the process for certifying the Reserve Capacity of Facilities. The Procedure outlines the steps that a Rule Participant is required to complete to make an application for Certification of Reserve Capacity and the steps the IMO must follow in assessing an applications for Certification of Reserve Capacity.
Declaration of Bilateral Trades and the Reserve Capacity Auction [773kB] - 01 January 2010
The Bilateral Trade Declaration Procedure covers the process by which Rule Participants must propose Reserve Capacity it intends to trade bilaterally, and the process by which the IMO processes the declaration and assign Reserve Capacity. Submit bilateral Track Declarations and Reserve Capacity Auction offers and the steps the IMO must follow in processing the offers.
Facility Registration , De-Registration and Transfer Procedure [137kB] - 25 November 2008
The Market Procedure for Facility Registration Ode-Registration and Transfer covers the process by which a Rule Participant can apply to register its Facilities for the purpose of the Market Rules. The procedure describes the application process for the Rule Participant and the process to be applied by the IMO in processing applications.
Individual Reserve Capacity Requirements Procedure [54kB] - 11 December 2008
This procedure outlines the process by which Market Customers and the IMO interact to facilitate the determination of the Initial Individual Reserve Capacity Requirement (IRCR).
Information Confidentiality Procedure [57kB] - 11 September 2006
The Information Confidentiality Procedure outlines the confidentiality status for market related information and documents produced or exchanged in accordance with the Market Rules or Market Procedures. This procedure is made in accordance with Market Rule 10.2.1.
Intermittent Load Refund Procedure [24kB] - 12 September 2006
This procedure outlines the process by which Intermittent Loads will be subject to Reserve Capacity Refunds.
IT Interface Procedure - System Overview and Requirements [54kB] - 11 September 2006
The Data and IT Interface Procedure provides Rule Participants with details of the various interfaces that they will be required to utilise and participate in the Wholesale Electricity Market.
Loss Factor Procedure [70kB] - 12 September 2006
The Loss Factors Procedure covers the process for determining Loss Factors. The methodology to be applied by Network Operators in calculating Loss Factors is described. The procedure includes steps to be followed by Network Operators and the IMO, and the process for Market Participants seeking a reassessment of a Loss Factor. This procedure is made in accordance with Market Rule 2.27.6.
Maximum Reserve Capacity Price Procedure [91kB] - 04 December 2008
The Maximum Reserve Capacity Price Procedure sets out the principles to be applied and steps to be taken by the IMO to develop and propose the Maximum Reserve Capacity Price as required under the Market Rules. This procedure is made in accordance with Market Rule 4.16.3.
Meter Data Submission Procedure [69kB] - 01 October 2009
The Market Procedure for Meter Data Submissions covers the process by which a Metering Data Agent submits Meter Data to the IMO, including the timing and format of submissions. This procedure is made in accordance with Market Rule 8.6.2.
Monitoring Protocol [112kB] - 17 October 2008
The Monitoring Protocol covers the processes by which the IMO will monitor Rule Participants’ compliance with the Market Rules and Market Procedures. The Monitoring Protocol is a Market Procedure pursuant to Market Rule 2.15.7. This Monitoring Protocol is made in accordance with Market Rule 2.15.1.
Procurement of Network Control Service Procedure [71kB] - 17 October 2008
The Procurement of Network Control Service Procedure covers the procedures to be followed in relation to applications for Network Control Service Certification and in carrying out the Network Control Service Tender process. The procedure also outlines the contract conditions that must be contained in a Network Control Service Contract. This procedure is made in accordance with Market Rules 5.3.9, 5.4.14 and 5.5.3.
Notices and Communications Procedure [33kB] - 20 January 2009
The Notices and Communications Procedure covers the methods by which notices and communications are to be provided to or by the IMO. This procedure is made in accordance with Market Rule 1.6.1.
Participant Registration and Deregistration Procedure [105kB] - 24 July 2009
The Market Procedure for Registration and de-registration of Rule Participants covers the process detail the process by which new participants can apply for entry to the Market by registering as Market Participants, existing Market Participants can apply to be de-registered as Market Participants, and how the IMO must assess and accept these applications. The procedure includes an overview of the process, the information that is required to be exchanged, and the timing and sequence of events. This procedure is made in accordance with Market Rule 2.31.23.
Prudential Requirements Procedure [117kB] - 15 October 2008
The Prudential Requirements Procedure covers the processes by which the IMO will operate in managing liabilities that arise in the Settlement process. This procedure is made in accordance with Market Rule 2.43.1.
Reserve Capacity Performance Monitoring Procedure [66kB] - 15 October 2008
This procedure details the requirements and processes for determining the performance of the Market with regard to Reserve Capacity.
Reserve Capacity Testing Procedure [61kB] - 12 September 2006
The Reserve Capacity Testing Procedure details the steps to be undertaken by the IMO, the Network Operator and Market Participants for the purposes of Reserve Capacity Testing. This is the process by which the IMO confirms the performance of each Facility in respect of thier Reserve Capacity Obligations.
Reserve Capacity Security [87kB] - 24 July 2009
The Reserve Capacity Security Procedure details the process by which Market Participants holding Certified Reserve Capacity for Facilities, that are yet to commence operation, must submit Reserve Capacity Security, and how the IMO must assess and accept such Reserve Capacity Security
Settlement Procedure [207kB] - 12 September 2006
The Settlement Procedure covers the processes to be used in relation to the financial settlement of trading through the Wholesale Electricity Market (WEM). The settlement process is described and includes the application of taxes and interest to WEM transactions. This procedure is made in accordance with Market Rule 9.2.1.
Treatment of Small Generators Procedure [30kB] - 12 September 2006
The Treatment of Small Generators Procedure describes the steps to be taken by Market Participant's and the IMO in respect of assigning Capacity Credits to New Small Generators.
Web Site Change Procedure [19kB] - 12 June 2008
The Web Site Changes Procedure describes the process required for implementing changes to the IMO Public Website.
IMO - Guideline Documents
Rule Change Proposals [41kB] - 21 May 2009
The purpose of this document is to provide an overview of the Rule Change process and information on how to lodge a Rules Change Proposal form.
Settlement Cycle Timelines
01 June 2009 (pdf - 75Kb) [75kB]
03 June 2008 (pdf - 102Kb) [103kB]
Market Rule 9.16 outlines the timing rules for settlement cycles. The purpose of these documents is to provide the timelines from 01 July 2008 - 30 June 2010.