About Capacity Certificate Auction

The new auction process details are described in the following sections.

CC auction: pre-auction process

AEMO Australian Energy Market Operator sends out an auction notice with an auction date and the auction window. The auction notice is sent out at least 20 business days prior to the auction date. With the auction notice, the supporting reports are also made available to the Market Participants as MIBB Market Information Bulletin Board. The IT interface through which AEMO communicates with gas market participants. reports. on the Markets Portal Web applications for registered participants only. Requires access to MarketNet., namely, the System Capacity PASA Availability, as described in clause 3.7.2(d)(1) of the National Electricity Rules and the NER glossary. report, Auction quantity report, and the CC Capacity Certificate registry report. The auction bidding window is available once the auction notice is available, the participants can submit their bids.

The CC Auction notice is sent to the registered Market Participants twice a year.

CC auction: bidding process

Once the auction notice is sent to the participants, the CC Auction: Bidding interface is available to the participants on the Markets Portal.

The Market Participant See Relevant Rules or Procedures’s status as a valid participant is checked at every stage during the auction window. If at any stage, the status changes to Invalid, the bids are rejected, and the participant may not be able to continue participating in the CC auction.

The Market Participant logs into the Markets Portal with their existing credentials to access the Capacity Certificate Auction interface under the DWGM Declared Wholesale Gas Market. A Victorian gas market that allows trading on injections and withdrawals from the Declared Transmission System (DTS). menu item.

In the CC auction interface, the Market Participant enters the value for Zone The term ‘Zone’ refers to boundaries within which the connection points of a single VSR must be contained. Determination of zonal aggregation requirements will be undertaken as part of IPRR procedure development., range of months (36-month period), quantity and price for the bids, and submit the bids.

For more information on the bidding interface, see Capacity Certificate Auction Interface with screenshots and process details.

CC auction: post-auction process

The bidding window closes after 20 business days from auction notice date. Once the bidding window closes, all valid bids are compiled for processing. The auction is then solved and results are available in the relevant MIBB reports for the Market Participants. The Market Participants have to make payments for their winnings as per the CC auction invoice sent to them. For more information on the new reports, see the Reports chapter.

This chapter provides details on the new Capacity Certificate Auction interface on the Markets Portal.

The CC Auction bidding interface allows Market participants to participant and trade in CC auctions conducted twice a year for 3 years ahead of consumption time.