IMO Market Procedures and other documents
The information on this webpage is published in accordance with Market Rule 10.5.1 (a) vi.
Administrative Market Procedures
| Name | Description | Heads of Power | Latest Update |
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| This Procedure outlines the process to develop and amend Market Procedures. | Market Rule 2.9.5 | 1 January 2012 |
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| This Procedure outlines setting the confidentiality status for market related information and documents produced or exchanged uner the Market Rules or Procedures. | Market Rule 10.2.1 | 11 September 2006 |
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| This Procedure provides details of the various IT interfaces for participating in the Wholesale Electricity Market. | Market Rule 2.36.5 | 1 July 2011
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| The Monitoring Protocol outlines how the IMO monitor's Rule Participants’ compliance. | Market Rule 2.15.1 | 17 October 2008 |
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| This Procedure outlines how notices and communications are to be provided to or by the IMO. | Market Rule 1.6.1 | 8 November 2010 |
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| This Procedure describes how changes are implemented for the IMO Public Website. | Market Rule 10.3.5 | 24 January 2011 |
Market Operations Market Procedures
| Name | Description | Heads of Power | Latest Update |
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| This Procedure covers the process and information required for a Market Participant to make a Capacity Credit Allocation Submission. | Market Rule 9.4.3 | 10 June 2008 |
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This Procedure covers the process for a Rule Participant to register, de-register or transfer its Facilities and the process to be applied by the IMO in processing applications.
| Market Rule 2.31.23 | 25 November 2010 |
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| This procedure outlines the process by which Intermittent Loads will be subject to Reserve Capacity Refunds. | Market Rule 4.28A.3 | 12 September 2006 |
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| This Procedure covers the process for determining Loss Factors. | Market Rule 2.27.6 | 17 September 2006 |
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| This Procedure covers how Meter Data Agents submit Meter Data to the IMO, including the timing and format of submissions. | Market Rule 8.6.2 | 1 October 2009 |
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| This Procedure outlines the process for new participant registration and existing Market Participant de-registration. | Market Rule 2.31.23. | 24 July 2009 |
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| This Procedure outlines how the IMO will manage liabilities that arise in the Settlement process. | Market Rule 2.43.1 | 15 October 2008 |
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| This Procedure outlines the financial settlement of trading through the Wholesale Electricity Market. | Market Rule 9.2.1 | 12 September 2006 |
System Capacity Market Procedures
| Name | Description | Heads of Power | Latest Update |
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| This Procedure outlines the process for the certification of Reserve Capacity. | Market Rule 4.9.10 | 15 December 2010 |
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This Procedure covers how Rule Participants propose the level of Certified Reserve Capacity intended to be traded bilaterally and how the IMO processes the declaration and assigns Certified Reserve Capacity.
| Market Rule 4.14.11 | 1 January 2010 |
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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).
| Market Rule 4.28.12 | 11 December 2008 |
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| This Procedure sets out the principles to be applied and steps to be taken to develop and propose the Maximum Reserve Capacity Price. | Market Rule 4.16.3 | 24 October 2011 |
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| This Procedure details the requirements and processes for determining the performance of the market with regard to Reserve Capacity. | Market Rule 4.27.12 | 18 April 2011 |
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| This Procedure outlines how Market Participants holding Certified Reserve Capacity must submit Reserve Capacity Security. | Market Rule 4.13.8 | 24 July 2009 |
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| This Procedure details the Reserve Capacity Testing steps. | Market Rule 4.25.14 | 1 October 2011 |
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This Procedure describes the process for assigning Capacity Credits to New Small Generators.
| Market Rule 4.28B.9 | 12 September 2006 |
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| This Procedure outlines the preparation of the LT PASA, development of the SOO and the review of the Planning Criterion. | Market Rule 4.5.9 | 1 June 2010 |
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| This Procedure describes the process that the IMO and System Management must follow in acquiring Eligible Services, entering into the Supplementary Capacity Contract and determining the Maximum Contract Value per hour of availability for any Supplementary Capacity Contract. |
Market Rule 4.24.18
| 23 January 2012 |
IMO Guidelines and other documents
| Name | Description | Related Market Rules | Latest Update |
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| This document outlines the Rule Change process and information on how to lodge a Rule Change Proposal. | Market Rule 2.5 | 21 May 2009 |
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| This document outlines the timelines for settlement of amounts payable under the Market Rules for all trading days in the current financial year (1 July 2011 to 30 June 2012). | Market Rule 9.16 | May 2011 |
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This document outlines the timelines for settlement of amounts payable under the Market Rules for all trading days in the current financial year (1 July 2010 to 30 June 2011).
| Market Rule 9.16 | May 2010 |
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| This document oulines the steps that will be taken by the IMO should circumstances prevent the normal operation of the WEM. | N/a | 1 August 2007 |
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| This document outlines the Austraclear settlement transaction processes and clarifies Participant obligations in relation to settlement transactions, as well as the actions that the IMO will take if the Participant fails to meet these obligations. | N/a | March 2007 |
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This document aims to keep participants informed of, and to coordinate the release of, changes with the aim of having minimal disruption to the market.
| N/a | 25 January 2007 |
Monitoring Protocol [112kB]