sec.14CDefinitions

sec.14C Definitions

In this Part— contract position day —see section 14K (4) (b) (i) ; forecast reliability gap —see section 14G (1) ; forecast reliability gap period —see section 14G (2) ; Ministerial reliability gap and Ministerial reliability gap period —see section 14JA (1) (b) ; s 14C defs Ministerial reliability gap and Ministerial reliability gap period ins 2023 No. 8 (SA) s 5 (1) net contract position —see section 14O (3) ; one-in-two year peak demand forecast , for a region during a specified period, means the peak demand forecast in accordance with the Rules— to occur for the region during the period; and where the likelihood is that the forecast amount will be exceeded once in any two-year period; peak demand , for a period in a region, means the maximum electricity demanded, in megawatts, in the region during the period, determined in accordance with the Rules; region means a region of the national electricity market determined under the Rules; reliability gap period , in relation to a T-1 reliability instrument, means the forecast reliability gap period stated in the instrument; reliability instrument means a T-3 reliability instrument or a T-1 reliability instrument; reporting day —see section 14K (4) (b) (ii) ; T-1 cut-off day —see section 14G (4) ; T-1 reliability instrument means a reliability instrument for a forecast reliability gap made by the AER under section 14K that relates to the T-1 cut-off day for the forecast reliability gap; T-3 cut-off day —see section 14G (3) ; T-3 reliability instrument means— a reliability instrument for a forecast reliability gap made by the AER under section 14K that relates to the T-3 cut-off day for the forecast reliability gap; or a reliability instrument for a Ministerial reliability gap period made by a Minister of a participating jurisdiction under section 14JA ; s 14C def T-3 reliability instrument sub 2023 No. 8 (SA) s 5 (2) trading interval means a period prescribed by the Rules to be a trading interval for the wholesale exchange; wholesale exchange means the wholesale exchange for electricity operated and administered by AEMO under this Law and the Rules. s 14C ins 2019 No. 10 (SA) s 7

• (a) to occur for the region during the period; and
• (b) where the likelihood is that the forecast amount will be exceeded once in any two-year period;
• (a) a reliability instrument for a forecast reliability gap made by the AER under section 14K that relates to the T-3 cut-off day for the forecast reliability gap; or
• (b) a reliability instrument for a Ministerial reliability gap period made by a Minister of a participating jurisdiction under section 14JA ;