Independent Market Operator
Administering the Western Australia Wholesale Electricity Market

Contact the IMO :
Independent Market Operator
Level 3, Governor Stirling Tower
197 St Georges Terrace
PERTH WA 6000

P: (08) 9254 4300
F: (08) 9254 4399
E: imo@imowa.com.au


Market Rules

The Wholesale Electricity Market Rules govern the operation of the Market in the South West Interconnected System. The Rules cover the roles and functions of the IMO and other market governance bodies, and guide the operation of the market (including the trading and dispatch of energy, the reserve capacity mechanism and settlement).

The current Market Rules in force consist of the Wholesale Electricity Market Amending Rules which were gazetted on 19 September 2006, together with all gazetted amendments made by the Minister for Energy prior to 15 December 2006 and amendments made by the IMO since 15 December 2006.

 

Market Rules Evolution Plan

The Market Rules Evolution Plan presents a three-year plan endorsed by the Market Advisory Committee.  The plan incorporates a list of:

  • issues raised by various stakeholders since the commencement of the Market, and outlines a number of minor and major market development reviews proposed to address each of these issues; and
  • logged rule changes which need to be considered, and where appropriate, progressed.

An updated plan will be published every six months to incorporate updates to the reviews, changes in priorities and work completed during the preceding six months.

 

Consolidated Clean Version of the Market Rules

This consolidated, unofficial, version of the Wholesale Electricity Market Rules reflects the rules as amended and published in the Government Gazette on 19 September 2006 and includes amendments Gazetted up to 15 December 2006 and amendments made by the IMO since 15 December 2006. This consolidated version is provided as a clean copy for information and has no legal standing.

WEM_Rules_Unofficial
18 November 2008 (PDF - 1.89 Mb)

Market Rules – Chapters and Appendices

Following are links to all Chapters and Appendices of the Market Rules

Chapter 1:

WEM_Rules_Unofficial_CH1
01 November 2007 (PDF - 146 Kb)

Chapter 2:

WEM_Rules_Unofficial_CH2
18 November 2008 (PDF - 463 Kb)

Chapter 3

WEM_Rules_Unofficial_CH3
03 November 2008 (PDF - 242 Kb)

Chapter 4

WEM_Rules_Unofficial_CH4

03 November 2008 (PDF - 442 Kb)

Chapter 5

WEM_Rules_Unofficial_CH5
01 December 2007 (PDF - 46 Kb)

Chapter 6

WEM_Rules_Unofficial_CH6
02 September 2008 (PDF - 248 Kb)

Chapter 7

WEM_Rules_Unofficial_CH7
1 August 2008 (PDF - 106 Kb)

Chapter 8

WEM_Rules_Unofficial_CH8
21 December 2006 (PDF - 27 Kb)

Chapter 9

WEM_Rules_Unofficial_CH9
01 February 2008 (PDF - 115 Kb)

Chapter 10

WEM_Rules_Unofficial_CH10
03 November 2008 (PDF - 65 Kb)

Chapter 11

WEM_Rules_Unofficial_CH11
03 November 2008 (PDF - 137 Kb)

Appendices

WEM_Rules_Unofficial_APPENDICES
06 August 2008 (PDF - 438 Kb)

 

Amendments to the Market Rules

The following amendments to the Wholesale Electricity Market Rules have been made by the IMO:

Rule Change Synchronisation Approval, RC_2007_01

This Rule Change was made on 30 April 2007 and commenced operation on 10 May 2007. Affected clauses were 7.9.1, 7.9.2, 7.9.4, 7.9.5, 7.9.6, 7.9.8, 7.9.11 and 7.9.12 ( Commencement Notice and Final Rule Change Report )

Rule Change Intermittent Generator Downward Dispatch Amendment, RC_2007_02

This Rule Change was made on 14 September 2007 and commenced operation on 1 October 2007. Affected clauses where 6.17.6 (c) , 7.7.5A and 7.7.5B (Commencement Notice and Final Change )

 

Rule Change Treatment of DSM in outage planning and PASA, RC_2007_03

This Rule Change was made on 14 September 2007 and commenced operation on 1 October 2007. Affected sections were: 3.16, 3.17, 3.18 and 3.19 (Commencement Notice and Final Rule Change ).

 

Rule Change Requirements for Registration as a Market Participant, RC_2007_04

This Rule Change was made on 14 September 2007, approved by the Minister on 5 October 2007 and commenced operation on 15 October 2007. Affected clauses were: 2.28.16 and 2.28.16B (Commencement Notice and Final Rule Change ).

 

Rule Change Reserve Capacity Refund Shortfall Formula, RC_2007_05

This Rule Change was made on 18 June 2007 and commenced operation on 1 July 2007. The affected clause was 4.26.2 (Commencement Notice and Final Rule Change Report ).


Rule Change STEM Timeline Flexibility, RC_2007_06

This Rule Change was made on 23 October 2007 and commenced operation on 25 October 2007. Affected clauses were: 6.4.6, 6.5A.1 and 6.12.1 (Commencement Notice and Final Rule Change ).


Discretion of IMO to Decide Whether to Issue Warning, RC_2007_07

This Rule Change was made on 23 October 2007 and commenced operation on 20 November 2007. Affected clause was: 2.13.10 (Commencement Notice and Final Rule Change ).


Calculation of Reserve Capacity Refund, RC_2007_08

This Rule Change was made on 23 October 2007 and commenced operation on 1 November 2007. Affected clauses were: 4.26.1, 4.26.3 and the Glossary
(Commencement Notice and Final Rule Change).

Intermittent Generator Resource Plan Exemption, RC_2007_10

This Rule Change was made on 17 January 2008 and commenced operation on 1 February 2008. Affected clauses were: 6.5.1A, 6.5.1C, 6.17.1, 6.17.5, 6.21.2, 7.10.1, 9.8.1 and the Glossary.
(Commencement Notice and Final Rule Change).


Rule Change IRCR for new meters – customer peak load diversity, RC_2007_11

This Rule Change was made on 17 August 2007 and commenced operation on 1 September 2007. The affected section was Appendix 5 ( Commencement Notice  and Final Rule Change Report ).

 

Rule Change Release of STEM Submission Information, RC_2007_13
This Rule Change was made on 17 January 2008 and commenced operation on 1 March 2008. Affected clause was 10.5.1(i) ii  ( Commencement Notice  and Final Rule Change Report ).

 

Rule Change Provision of Information to the IMO, RC_2007_15

This Rule Change was made on 24 September 2007 and commenced operation on 4 October 2007. Affected clauses were: 3.21.7, 7.13.1, and 7.13.1A. ( Commencement Notice and Final Rule Change ).

 

Rule Change Outage Notification to the IMO RC_2007_16

This Rule Change was made on 24 September 2007 and commenced operation on 4 October 2007. Affected clauses were: 3.18.6, 3.21.4, 3.21.5, 3.21.6, 6.3A.2, 7.3.4 and 7.13.1. ( Commencement Notice and Final Rule Change ).

 

Amendment to Business Day Convention, RC_2007_17

This Rule Change was made on 30 October 2007 and commenced operation on 1 November 2007. Affected clauses were: 1.4.1 and the Glossary. ( Commencement Notice and Final Rule Change ).


Reserve Capacity Testing Payments, RC_2007_18

This Rule Change was made on 17 January 2008 and commenced operation on 1 February 2008. Affected clauses were: 6.17.6 and 7.13.1.( Commencement Notice and Final Rule Change ).


Intermittent Generator Resource Plan Exemption, RC_2007_19

This Rule Change was made on 17 January 2008 and commenced operation on 1 February 2008. Affected clause was: 4.28.8.( Commencement Notice and Final Rule Change ).

 

Correction of References and Minor Drafting Errors , RC_2007_20

This Rule Change was made on 30 October 2007 and commenced operation on 1 November 2007. Affected clauses were: 2.37.1, 3.19.1, 3.21.6, 4.24.13, 6.5.1, and the Glossary. ( Commencement Notice and Final Rule Change ).

 

Stem Notification of Plant Availability, RC_2007_21

This Rule Change was made on 19 November 2007 and commenced operation on 1 December 2007. Affected clauses was: 4.12.6 ( Commencement Notice and Final Rule Change).

 

Network Control Service Procurement Requirements, RC_2007_22

This Rule Change was made on 19 November 2007 and commenced operation on 1 December 2007. Affected clauses were: 5.2.1 and 5.2.2.( Commencement Notice and Final Rule Change ).

 

Maximum Reserve Capacity Price Methodology and Review, RC_2007_24

This Rule Change was made on 19 November 2007 and commenced operation on 18 December 2007. Affected clause was: 4.16.5.( Commencement Notice and Final Rule Change ).

 

Alternative Maximum STEM Price - Monthly Adjustments, RC_2007_26

This Rule Change was made on 21 December 2007 and commenced operation on 21 December 2007. Affected clause was: 6.20.3.( Commencement Notice and Final Rule Change ).

 

SWIS Reliability Planning Criteria, RC_2007_28
This Rule Change was made on 9 April 2008 and commenced operation on 10 April 2008. Affected clause was: 4.5.9.( Commencement Notice and Final Rule Change).

 

High Risk And Emergency Operating States Definition, RC_2007_31
This Rule Change was made on 1 May 2008 and commenced operation on 2 May 2008. Affected clauses were: 3.4.1 and 3.5.1. ( Commencement Notice and Final Rule Change).

 

Maximum Refund, RC_2007_36
This Rule Change was made on 1 May 2008 and commenced operation on 01 June 2008. Affected clauses were: 4.26.1, 4.26.1A, 4.26.1B, 4.26.2, 4.26.3, and the Glossary. ( Commencement Notice and Final Rule Change).

 

Capacity Test Notification To The IMO, RC_2008_01
This Rule Change was made on 23 May 2008 and commenced operation on 26 May 2008. Affected clause was: 4.25.9.( Commencement Notice  and Final Rule Change Report).

 

ST PASA Fuel Supply Issues Notification, RC_2008_02
This Rule Change was made on 23 May 2008 and commenced operation on 26 May 2008. Affected clauses was: 3.17.9.( Commencement Notice  and Final Rule Change Report).

 

Provision of information for ST and MT PASA, RC_2008_03
This Rule Change was made on 23 May 2008 and commenced operation on 26 May 2008. Affected clauses were: 3.16.4 and 3.17.5.( Commencement Notice  and Final Rule Change Report ).

 

Standing Data Compliance Monitoring, RC_2008_04
This Rule Change was made on 23 May 2008 and commenced operation on 24 June 2008. Affected clauses were: 2.13.9 and 2.34.12.( Commencement Notice  and Final Rule Change Report ).

 

Calculation of MCAP, RC_2008_05
This Rule Change was made on 12 February 2008 and commenced operation on 20 March 2008. Affected clauses were: 6.14.2 , 6.14.3 and 6.14.4.( Commencement Notice  and Final Rule Change Report).

 

Reduction of Capacity Credits, RC_2008_06
This Rule Change was made on 3 July 2008 and commenced operation on 10 July 2008. Affected clauses were: 4.25.4A, 4.25.4B, 4.25.4C and 4.25.4D.( Commencement Notice  and Final Rule Change Report).

 

Energy Price Limits Methodology, RC_2008_07
This Rule Change was made on 8 July 2008 and commenced operation on 1 August 2008. Affected clauses were: 6.18.1, 6.18.2, 6.18.3, 6.20.1, 6.20.5, 6.20.7, 6.20.8, 10.5.1, the Glossary and Appendix 1. ( Commencement Notice  and Final Rule Change Report).

 

Indisputable Market Prices, RC_2008_08
This Rule Change was made on 3 July 2008 and commenced operation on 10 July 2008. Affected clauses were: 6.4.7, 6.14.1A, 6.14.7 and 7.13.1B.( Commencement Notice  and Final Rule Change Report).

 

NTDL New and Overnight Loads, RC_2008_09

This Rule Change was made on 2 April 2008 and commenced operation on 1 May 2008. Affected clauses were: 4.28.9 , Appendix 5 and Appendix 5A.( Commencement Notice and Final Rule Change Report).

 

Capacity Credits and Facility Aggregation, RC_2008_10
This Rule Change was made on 6 June 2008 and commenced operation on 1 July 2008. Affected clauses were: 2.30.1A, 2.30.4, 2.30.5 and 4.23A.4. ( Commencement Notice and Final Rule Change Report).

 

Maximum Reserve Capacity Price , RC_2008_11
This Rule Change was made on 8 July 2008 and commenced operation on 6 August 2008. Affected clauses were: .26.1, 2.26.3, 2.26.4, 4.1.19, 4.16.3, 4.16.4, 4.16.5, 4.16.7, 4.16.8, 4.16.9, 4.22.3, and Appendix 4.  (Commencement Notice and Final Rule Change Report).

 

Dispatch Support Ancillary Services, RC_2008_12
This Rule Change was made on 18 March 2008 and commenced operation on 20 April 2008. Affected clauses were: 2.23.12, 3.11.8, 3.11.8A,  3.11.8B,  3.11.8C,  3.11.8D and 3.13.1.( Commencement Notice  and Final Rule Change).

 

Economic Regulation Authority’s Budget, RC_2008_13
This Rule Change was made on 15 April 2008 and commenced operation on 15 May 2008. Affected clauses were: 2.24.5 and 2.24.5A.( Commencement Notice  and Final Rule Change).


Information from Network Operators, RC_2008_14
This Rule Change was made on 20 October 2008 and commenced operation on 1 November 2008. Affected clauses were: 4.11.5 and 10.2.2. (Commencement Notice and Final Rule Change Report).

 

Delay of Resource Plan Submissions, RC_2008_15
This Rule Change was made on 18 August 2008 and commenced operation on 20 August 2008. Affected clauses were: 6.5.1 and 6.5A.1.  (Commencement Notice and Final Rule Change Report).

 

Commissioning Tests and the Reserve Capacity Mechanism, RC_2008_17
This Rule Change was made on 18 August 2008 and commenced operation on 1 September 2008. Affected clauses were: 3.21A.7, 3.21A.7A (new), 4.1.26, 4.10.1, 4.27.10, 4.27.10A (new), 4.27.11, 4.27.11A (new), 4.27.11B (new), 4.27.11C (new), 4.27.11D (new), 4.27.12, 6.5.1A and 6.5.1C.  (Commencement Notice and Final Rule Change Report).


Delegation by the IMO, RC_2008_18
This Rule Change was made on 20 October 2008 and commenced operation on 18 November 2008. Affected clauses were: 2.1.3 and 2.2.3. (Commencement Notice and Final Rule Change Report).

 

Correction of References and Minor Drafting Errors, RC_2008_19
This Rule Change was made on 23 June 2008 and commenced operation on 1 August 2008. Affected clauses were: 2.13.8 (b), 4.16.4 (e), 4.26.2, 6.14.4 (b), 7.7.5A (b), 9.10.1 and Appendix 5. ( Commencement Notice  and Final Rule Change Report).



Local Black Start Procedures, RC_2008_21
This Rule Change was made on 20 October 2008 and commenced operation on 1 November 2008. Affected clauses were: 3.7.3, 3.7.4, 3.7.5, 3.7.6 (all new). (Commencement Notice and Final Rule Change Report).

 

LNG to be added to Liquid Fuel Definition, RC_2008_23
This Rule Change was made on 20 October 2008 and commenced operation on 1 November 2008. Affected clauses were: Glossary (Chapter 11). (Commencement Notice and Final Rule Change Report).