12 March 2010

Overview of the Short Term Trading Market

Authors: Fiona Melville

A trial of the Short Term Trading Market (STTM) commenced on 1 March 2010 involving trading across both the Sydney and Adelaide Hubs involving 30 or so participants. The market goes 'live' on 4 June 2010. The STTM is a mandatory wholesale gas market requiring all gas transmitted through the hubs to be sold to and bought from the STTM, including gas supplied under existing long term gas supply contracts. This article provides an overview of the STTM; including, the entities participating in the market, determination of the market price and other market charges and concluding with a list of actions entities involved in the STTM may wish to consider taking.

Download: Short Term Trading Market Mar2010.pdf (143 Kb)

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