AER reports on high ancillary payments in the Sydney gas market

News Energy & Renewables Sanctions & Fines

Date: 20th Mar, 2025 Source: Australian Energy Regulator (AER) Country: Australia Original Source

Brief

On 28 November, 14 December, and 20 December 2024, high service payments were made in the Sydney Short Term Trading Market (STTM). These payments exceeded $250,000 due to reduced pressure levels in the distribution network and market participants' over-forecasting demand, resulting from low pipeline flows and supply renomination between pipelines.

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Australian Energy Regulator (AER)

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AER reports on high ancillary payments in the Sydney gas market

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AER reports on high ancillary payments in the Sydney gas market

Brief

Australian Energy Regulator (AER)

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