In May 2022, the AEMC made a final determination to amend the NER provisions relating to the ST PASA to introduce greater flexibility to ST PASA, revise some ST PASA definitions and obligations and require the commencement of the new ST PASA from 1 July 2025.
The final rule “Updating Short Term PASA” introduced a principles-based approach for AEMO to administer ST PASA, included an obligation to publish a ST PASA Procedure, made changes to ST PASA publication timetable, the definition of ‘energy constraint’ and PASA availability.
Worth a short note today (Friday 27th June 2025) to note the publication of MN127877 – which references two market changes that will improve market transparency for all types of participants
Belatedly noting the AEMO's publication of the Industry Go Live Plan for the ERI and ST PASA changes.