Rule Change: RC_2012_05

A Rule Change Proposal made by Verve Energy on 18 April 2012.
Last updated:

Type: Fast Track Rule Change Proposal

Submitter: Verve Energy

Title: Treatment of Negative Balancing Price on the Settlement of Ancillary Services

Market Rules Affected: Clause 9.9.2

Date Submitted: 18 April 2012

Current Status: The Amending Rules commenced on 1 July 2012

Event  Date Comments
Notification Published 19/04/2012  
Requests to be Consulted 27/04/2012 The last date a Rule Participant can contact the IMO requesting to be consulted on the change
Consultation Period 20/04/2012 - 11/05/2012 Must be completed within 15 B-Days from the date the notification is published
Final Report Published 18/05/2012 Must be published within 20 B-Days from the date the notification is published
Commencement Balancing Market Commencement Day