An AFMA working group has developed new documentation to assist in documenting reallocations transactions in the form of a sample confirmation for energy offset ex ante reallocation transactions. The documentation was endorsed by the AFMA Electricity Committee in August 2017.
A reallocation is a financial arrangement between the Australian Energy Market Operator and a pair of market participants. Where the two participants are linked by one or more off-market financial commitments, reallocation can act to reduce the settlement amounts and the prudential liability between all three parties.
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Last Update Date 6 Oct 2017