Since this web page was published, the Wholesale Electricity Market (WEM) Rules have been renamed the Electricity System and Market (ESM) Rules, and the Electricity Industry (Wholesale Electricity Market) Regulations 2004 (WEM Regulations) have been renamed the Electricity Industry (Electricity System and Market) Regulations 2004 (ESM Regulations). Changes have not been made to this web page to reflect this updated name.
The proposed amendments are primarily to implement changes to settlement of the Wholesale Electricity Market (WEM), including:
- a weekly settlement timeline, commencing on 1 October 2022; and
- five-minute settlement intervals, commencing on 1 October 2025.
These changes will support amendments to the WEM Rules and enable Western Power to invest in meter and ICT upgrades to implement the WEM settlement reforms. To see the Draft Amendments and Consultation Paper please see below.
Metering Code Virtual Industry Forum
The Energy Transformation Taskforce Implementation Unit held a virtual industry forum about the proposed changes to the Metering Code on Wednesday 9 December 2020. The forum included a summary of the proposed changes and opportunity to ask questions.
A copy of the presentation slides provided at the forum is available below.
Submissions received
Five Submissions were received. Submissions are published below.
If you have any queries regarding the proposed changes, please contact Rebecca White, Principal Policy Analyst – Future Market Design and Operation, at rebecca.white@energy.wa.gov.au
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