South Australia steps in to oppose delay to five-minute settlement

The South Australian government has spoken out against a proposed delay to a switch to five-minute settlement in the National Electricity Market, saying the reform is key to bringing new technologies and business models into the market, as older fossil fuel incumbents start to exit.

In submissions to a rule change request currently being considered by the Australian Energy Market Commission, a number of energy market incumbents have supported the proposal by leading institutions for a 12-month delay to the key energy market reform, a move that could delay new and innovative technologies from getting a foothold in the market.

Read more: https://reneweconomy.com.au/south-australia-steps-in-to-oppose-delay-to-five-minute-settlement-34576/

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