Shortening the settlement cycle draft determination

AGL has made a submission to the Australian Energy Market Commission (AEMC) Shortening the settlement cycle draft determination consultation. 

AGL expressed broad support to shorten the settlement cycle as this could reduce working capital requirements for market participants.

AGL did not express support for the AEMC’s preferred option to shorten the settlement cycle from 20 business days to 11 business days. We raised concerns this option may not effectively address metering data quality issues. 

Read the full submission.