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Key recommendations include a day-ahead auction for contracted but un-nominated pipeline capacity, industry-led capacity trading platforms enabling anonymous secondary offers, and greater standardisation of primary and secondary capacity products. The paper also requires publication of key information for secondary trades and primary capacity purchases. It invites stakeholder input on governance, regulatory arrangements, platform design, and information provision requirements.",{"@graph":63,"@context":119},[64,80,102],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":46,"@type":70,"position":76},"https://docshare.wps.com/template/paper-templates/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/east-coast-wholesale-gas-market-and-pipelines-frameworks-review-pipeline-access-discussion-paper-read-online-free/276851/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/east-coast-wholesale-gas-market-and-pipelines-frameworks-review-pipeline-access-discussion-paper-read-online-free/276851.png","ImageObject",442,249,{"name":88,"@type":89},"Levi","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-07","2026-09-15",true,{"@type":98,"interactionType":99,"userInteractionCount":101},"InteractionCounter",{"@type":100},"ViewAction",6,{"@type":103,"mainEntity":104},"FAQPage",[105,111,115],{"name":106,"@type":107,"acceptedAnswer":108},"What reform focuses on contract carriage in the east coast gas market?","Question",{"text":109,"@type":110},"The paper recommends reform of the contract carriage model for gas transportation outside the Victorian Declared Transmission System, including a day-ahead auction of contracted but un-nominated capacity and enhanced capacity trading arrangements.","Answer",{"name":112,"@type":107,"acceptedAnswer":113},"How would a capacity trading platform(s) support capacity sales?",{"text":114,"@type":110},"The platform(s) would facilitate capacity sales by enabling capacity holders to anonymously post buy or sell offers, supporting primary and secondary capacity trades ahead of the auction.",{"name":116,"@type":107,"acceptedAnswer":117},"What information publication requirements are proposed?",{"text":118,"@type":110},"The Commission recommends publishing key information on secondary capacity trades, including price and terms that affect traded outcomes, and publishing key information on primary capacity purchases, while considering confidentiality and costs.","https://schema.org",{"og:url":78,"og:type":121,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":123,"canonical":78},"index,follow",{"doc_id":125,"site_id":56},276851,1790292663,{"code":4,"msg":5,"data":128},{"doc_id":125,"user_id":129,"nickname":88,"user_avatar":130,"doc_module":9,"category_id":45,"category_name":46,"doc_title":59,"doc_description":61,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":101,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":136,"language":137,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":138,"faqs":139,"seo_title":140,"seo_description":61,"update_tm":141,"read_time":42},7971461740909,"https://ap-avatar.wpscdn.com/davatar_155a257f0dc6eb9ab79c44ca47cae57d","PIPELINE ACCESS DISCUSSION PAPER  \nEast Coast Wholesale Gas Market and Pipelines Frameworks Review  \n3 March 2016  \nSubmissions due 29 March 2016. Reference: GPR0003 Pipeline Access Discussion Paper  \nInquiries  \nAustralian Energy Market Commission PO Box A2449  \nSydney South NSW 1235  \nE: [aemc@aemc.gov.au](aemc@aemc.gov.au)  \nT: (02) 8296 7800  \nF: (02) 8296 7899  \nReference: GPR0003  \nCitation  \nAEMC 2016, East Coast Wholesale Gas Market and Pipelines Frameworks Review, Pipeline Access Discussion Paper, 3 March 2016, Sydney  \nAbout the AEMC  \nThe AEMC reports to the Council of Australian Governments (COAG) through the COAG Energy Council. We have two functions. We make and amend the national electricity, gas and energy retail rules and conduct independent reviews for the COAG Energy Council.  \nThis work is copyright. The Copyright Act 1968 permits fair dealing for study, research, news reporting, criticism and review. Selected passages, tables or diagrams may be reproduced for such purposes provided acknowledgement of the source is included.  \nSummary  \nIn December 20151, the Commission provided the Council of Australian Governments (COAG) Energy Council with a draft package of recommended reforms to improve wholesale gas markets and pipeline frameworks on the east coast of Australia, consistent with the Energy Council's Vision.2  \nA key element of this draft package of recommendations is reform of the contract carriage model for gas transportation which operates in eastern Australia outside of the Victorian Declared Transmission System. Specifically, the Commission recommended:  \n• The introduction of a day-ahead auction of contracted but un-nominated pipeline capacity, which would be conducted shortly after nomination cut-off and be subject to a reserve price that would be determined through a process overseen by the AER. The proceeds of this auction would be retained by the pipeline operator.  \n• The mandatory development of a capacity trading platform(s), which would be used to facilitate capacity sales by capacity holders ahead of the auction by enabling shippers to anonymously post buy or sell offers. To further support secondary capacity trades, the Commission recommended:  \n— requiring industry, with an appropriate level of regulatory oversight, to develop more standardised primary and secondary capacity products to facilitate more secondary capacity trading; and  \n— requiring the publication of key information on secondary capacity trades (ie, shipper to shipper trades), including the price and other terms and conditions that may affect the prices struck in these trades.  \n• Requiring the publication of key information on primary capacity purchases. These reforms should facilitate the more dynamic trading of capacity by:  \n• reducing search and transaction costs involved in trades;  \n• enabling shippers to obtain competitively priced un-nominated capacity;  \n• improving the incentives for shippers to trade capacity;  \n• reducing actual or perceived discriminatory access to capacity; and  \n• improving the information on which decisions in the sector are made.  \n1  \n2  \nAEMC, East Coast Wholesale Gas Market and Pipelines Frameworks Review, Stage 2 Draft Report, December 2015.  \nCOAG Energy Council, Australian Gas Market Vision, December 2014.  \nIn turn, more dynamic trading of capacity should reduce the costs associated with trading gas in the wholesale markets, supporting the establishment of a liquid market with an efficient reference price – a key element of the Energy Council's Vision.  \nThis discussion paper has been published to provide stakeholders with an opportunity to contribute to the development of:  \n• the appropriate means of taking the capacity trading related initiatives forward and the governance and regulatory arrangements that may be required to support their implementation; and  \n• the next layer of detail on the proposed package of reforms.  \nConsideration of the governance by which the reforms a","cbCaiqsBOuVKx5qI","https://ap.wps.com/l/cbCaiqsBOuVKx5qI","pdf",959939,86,"English","# Summary\n## Capacity auction and reserve price concept\n## Mandatory capacity trading platforms and secondary trading\n## Information publication requirements for primary and secondary trades\n# Governance and implementation approach\n## Chapter 2: Governance balance between regulatory and industry-led processes\n## Chapter 3: Standardisation in capacity contracts\n## Chapter 4: Platform(s) and secondary trade information provision\n## Chapters 5 and 6: Additional auction detail","[{\"question\":\"What reform focuses on contract carriage in the east coast gas market?\",\"answer\":\"The paper recommends reform of the contract carriage model for gas transportation outside the Victorian Declared Transmission System, including a day-ahead auction of contracted but un-nominated capacity and enhanced capacity trading arrangements.\"},{\"question\":\"How would a capacity trading platform(s) support capacity sales?\",\"answer\":\"The platform(s) would facilitate capacity sales by enabling capacity holders to anonymously post buy or sell offers, supporting primary and secondary capacity trades ahead of the auction.\"},{\"question\":\"What information publication requirements are proposed?\",\"answer\":\"The Commission recommends publishing key information on secondary capacity trades, including price and terms that affect traded outcomes, and publishing key information on primary capacity purchases, while considering confidentiality and costs.\"}]","East Coast Wholesale Gas Market and Pipelines Frameworks Review - Pipeline Access Discussion Paper - read online free | PDF",1789495671]