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Energy Offer Price Ceiling

Offers in the WEM are capped at the Energy Offer Price Ceiling to mitigate the exercise of market power.

On 17 December 2024, the ERA published its Final Determination, determining the Energy Offer Price Ceiling to be $1,000/MWh effective from 1 January 2025, and subject to review within 3 years. The ERA indexes the Energy Offer Price Ceiling each month.

2024 Review

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EOPC Review - 2024 - Final determination

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19 Dec 2024

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