About NEM Prudential Dashboard

The National Electricity Market See Relevant Rules or Procedures is supported by a strong prudential framework so all participants that are owed money on settlement days have the confidence of receiving payment without delay. A critical element of the framework is the concept of Outstandings See Relevant Rules or Procedures, being the total amount owing but not yet paid or settled. Outstandings are compared to the Trading Limit for each participant consistently throughout each business day to assess whether the Prudential Requirements are satisfied. If the outstandings exceed the trading limit, then AEMO Australian Energy Market Operator may issue a call notice to the Market Participant See Relevant Rules or Procedures. A call notice triggers an obligation under the National Electricity Rules See Relevant Rules or Procedures for the participant to get the outstandings back to the typical accrual level by 11:00 AM on the next business day. This is a strong driver for each participant to manage its outstandings so that the Trading Limit is never exceeded.

The day-to-day calculation of the outstandings takes into account the latest versions of settlement calculations covering settlement days which have not yet been paid, and other transactions such as ex post Reallocations Reallocation Request Service. See Relevant Rules or Procedures and security deposits, which may have been locked in but have not yet been incorporated within the settlement calculations.

This guide describes the information presented on the dashboard so that the participant can interpret and act responsibly to satisfy the NEM Prudential Requirements.