SEM Operational Parameters 2022 Consultation Paper

20 August 2021

SEM Operational Parameters 2022 Consultation Paper

Under the terms of the SEM Trading and Settlement Code (TSC) Part B, the Regulatory Authorities (RAs) shall determine certain parameters proposed by the Market Operator (MO) in relation to the calculation and treatment of participants Required Credit Cover and matters related to Imbalance Settlement.

In June 2021, the RAs requested the MO to review the following parameters utilised in:

  • The calculation of Required Credit Cover;
  • Imbalance Settlement; and
  • Price Materiality Threshold

On 19 August 2021, the RAs received reports from the MO outlining their recommendations for the proposed values for the above parameters. The purpose of this consultation paper is to invite comments on the MO proposals as summarised in this paper and detailed within the MO reports which accompany this paper (SEM-21-067a, SEM-21-067b and SEM-21-067c).

The links to the document can be found here

All comments should be received by close of business on 17 September 2021.