31 January 2017
Benchmark Reserve Capacity Price for the 2019/20 Capacity Year FINAL DECISIONThe Economic Regulation Authority has approved the revised Benchmark Reserve Capacity Price (BRCP) for the 2019/20 Capacity Year of $149,800 per MW per year, as recommended by the Australian Energy Market Operator (AEMO). The approved revised BRCP for the 2019/20 Capacity Year will be effective from 1 October 2019.
This approval is granted under clause 2.26.1 of the Wholesale Electricity Market Rules (Market Rules) on the basis that:
the revised value for the BRCP reasonably reflects the application of the method and guiding principles described in clause 4.16 of the Market Rules; and
AEMO has carried out an adequate public consultation process.
The decision on the BRCP for the 2019/20 Capacity Year is available on our website.
For further information contact:
General EnquiriesElizabeth Walters
Economic Regulation Authority Phone: 08 6557 7900
Email: records@erawa.com.au
Media EnquiriesTracy Wealleans
Economic Regulation Authority
Phone: 08 6557 7942 or 0428 859 826
Email: communications@erawa.com.au
ERA - Economic Regulation Authority published this content on 31 January 2017 and is solely responsible for the information contained herein.
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Original documenthttps://www.erawa.com.au/cproot/17096/2/Final decision - Benchmark Reserve Capacity Price.pdf
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