Webcast on Five Minute Settlement rule change request –
directions paper
This webcast was held on Thursday 4 May 2017
This webcast requires the following:
The AEMC held a public forum in Sydney on the Five Minute Settlement rule change request.
The forum was an opportunity for stakeholders to provide feedback on our recent directions paper, in particular the Commission's views on:
  • the costs and benefits of changing the settlement period for the electricity spot price from 30 minutes to five minutes
  • a proposed three year transition period, if the change were to be made.

Stakeholders can make a submission on the directions paper by 18 May 2017. The AEMC intends to publish a draft determination on 4 July 2017.

AEMC Project Team

Dr Kris Funston
Kris is the Senior Director of the AEMC’s Retail and Wholesale Markets team. He has extensive experience in economic regulation in the energy, water and telecommunication sectors in Australia and New Zealand, from both a regulatory and commercial perspective.


Emily Brodie
Emily is the project sponsor for the Five Minute Settlement rule change request. Emily has worked for industrial and energy businesses in Australia and New Zealand, and has held environmental roles for government agencies. She has a Bachelor of Engineering and a Master of Environmental Law.


Ben Noone
Ben is the project leader for the Five Minute Settlement rule change request. Ben worked in energy research and policy roles before joining the AEMC in 2014. He has a Bachelor of Engineering.
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