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2008 Review of Energy Price Limits

Consultation Document

Title: 2008 Review of Energy Price Limits

Current Status: The submission period is now closed

Background
In accordance with the Market Rules, the IMO commissioned a review of the Energy Price Limits for the Wholesale Electricity Market in the South West interconnected system. An independent consultant, McLennan Magasanik Associates (MMA) was engaged to assist the IMO with:

  • reviewing the requirements and the prescribed methodology of the Market Rules;
  • revising the maximum prices by conducting an analysis of the relevant costs; and
  • the preparation of a draft report.

Documents related to this consultation

Submissions received

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Synergy [29kB]

 

Approval of 2008 Energy Price Limits

On 18 September 2008, the IMO’s Final Report was submitted to the Economic Regulation Authority for approval pursuant to clause 6.20.10 of the Market Rules.

The Economic Regulation Authority approved the IMO’s Final Report on 23 September2008.