Title and Status

The title identifies the prudential dashboard screen and the Market Participant See Relevant Rules or Procedures to which the prudential information relates. 

Commonly, a participant company has a single participant identifier or ParticipantID, but there are some market participants that have more than one. AEMO Australian Energy Market Operator prudential monitoring is based on the company assessment and amounts are not separated by Participant IDs. The prudential information displayed is an aggregation of the relevant data from each of the ParticipantIDs used in trading by that market participant.

The prudential status displays an effective time and date when the prudential information shown on the dashboard screen was determined. It is the actual time and date of the most recent prudential assessment carried out within AEMO’s Market Management System.

The time and date denote the time that new prudential information became available, typically it is today’s date.

For example, when there have been high prices the previous day, participants may need to provide security deposits or additional credit support to manage their outstandings below their trading limit before the official daily assessment at 11:30 AM (Sydney time). To record any transactions that were completed after the routine daily run, AEMO re-processes the prudential information. The dashboard is updated accordingly, and shows a new prudential status time.  The time change is reflected on the dashboard screens of all participants, even though there may be no change in the prudential information for most participants.

Prudential assessment runs are triggered during the day as new prudential information becomes available. This is be required, for instance, to capture changed credit support values for one or more participants who lodged or exchanged guarantees with AEMO earlier that day. Or, to reflect a more up-to-date settlement calculation that has become available.