ASX Australian Peak Load Electricity Futures Contract Specifications

In the submission, AGL supported the option that covers the evening peak from 4pm to 8pm. We consider this option provides greater liquidity, is more focused, aids retailers, benefits generators/storage, and aligns well with four-hour batteries. We endorse the four-hour period and acknowledge the proposed adjustment for daylight saving time. We anticipate peak demand profiles evolving with generation and storage advancements and foresee no major issues with the proposed changes, including updating commodity codes.

Read the full submission here.