Australian Chart of the week | 5MS is coming but it still remains a known unknown

The shift from 30-minute settlement to 5-minute settlement (5MS) is fast approaching – 162 days away but who’s counting.

As a reminder, the current settlement price (SP) is determined by averaging six dispatch interval prices within a half-hour period. From October 2021, the dispatch price (DP) will be the settlement price. While the NEM already dispatches on a 5-minute basis, there is no certainty as to how (if at all) price outcomes and the operation of NEM participants will change under the new rules.

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