FERM Market Liquidity Obligation Consultation

South Australia is leading the introduction of a market making obligation (MMO) to address declining electricity contract market liquidity, and improve transparency, accessibility and price discovery of hedging projects. The MMO will impose minimum daily contracting requirements on long duration firm capacity providers with obligations outlined in the FERM Minister's guidelines.

There are a number of design elements that need to be finalised before the framework is implemented. Submissions are invited to inform South Australia’s implementation of the National Energy Market (NEM) market making obligation (MMO) under the Firm Energy Reliability Mechanism (FERM).

Find out more about the consultation

Date for submissions has now closed.