STTM
The Short Term Trading Market (STTM) is a market-based wholesale gas balancing mechanism established at defined gas hubs. The market uses bids, offers and forecasts to determine schedules for deliveries from the pipelines transmission users and the hubs. The market sets daily market prices and settles each hub based on the schedules and deviations from schedules.
AEMO operates the STTM but does not operate the physical pipeline or network assets.
STTM Reviews
AEMO is conducting a staged review of the operation of the STTM and STTM demand hubs. While prescribed by rules 489 and 490 of the NGR, the review will consider broader gas market development issues in the context of developing efficient energy markets.
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STTM Rules, STTM Procedures and STTM Interface Protocol
A number of specific legislative instruments, such as the National Gas Rules and AEMO Market Procedures are required for the operation of the STTM.
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STTM Notices
Notices issued by AEMO for the STTM will be published here.
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STTM Consultative Forum
The STTM Consultative Forum is the principal forum for consulting with industry and the provision of advice to AEMO on matters relating to the Short Term Trading Market.
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STTM General Overview and Publications
The Short Term Trading Market (STTM) is a market-based wholesale gas balancing mechanism to be established at defined gas hubs, initially in Sydney and Adelaide.
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Contingency Gas
For notification of Contingency Gas Trigger Events, call: 03 9609 8208.
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STTM Metering and Settlements
The STTM Metering and Settlements page contains information supporting the STTM settlements process, including the security format, interest rate definition, settlement calendar and trading limit definition.
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Matched Allocation Agreements
Formal notices issued by AEMO regarding Matched Allocation Agreements.
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STTM Establishment Project
The STTM Establishment Project was a major cross industry project to design, build and implement a new, unique, wholesale market in gas, as well as requiring changes to arrangements in the existing gas retail markets. With the commencement of the STTM on 1 September 2010 the Project has concluded, and operation of the STTM now resides with the relevant AEMO business units.
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QLD STTM Project
The QLD STTM Project is responsible for the implementation of the STTM at the Brisbane hub.
It involves amendments to wholesale and retail market rules, procedures and market systems to support the implementation of the Brisbane hub.
The Brisbane hub is scheduled to commence on 1 December 2011.
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