National Electricity (Queensland) Law
sec.18ADefinitions
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sec.18A Definitions
In this Division— effective competition —see section 18B ; electricity contract means an agreement, entered into by a Registered participant, however described and whether coming into existence before or after the commencement of this section, that relates to a wholesale electricity market and includes an agreement— to supply electricity; or to purchase electricity; or for the transmission, distribution or storage of electricity; or relating to fuel and other inputs used in the generation of electricity; or relating to emissions produced or avoided in the generation of electricity; or to supply a wholesale demand response service; financial risk management product means a contract or other arrangement, entered into by a Registered participant, to manage financial risk including, without limitation, risks associated with the following: price volatility in a wholesale electricity market; volatility in supply and demand in a wholesale electricity market; volatility in the price of fuels and other inputs used in the generation of electricity; monitored market means— a wholesale electricity market; and a market for financial risk management products; and a market prescribed by the Regulations; relevant agreement means— an electricity contract; and a financial risk management product. s 18A ins 2016 No. 56 (SA) s 6 amd 2024 No. 12 (SA) s 6
- (a) to supply electricity; or
- (b) to purchase electricity; or
- (c) for the transmission, distribution or storage of electricity; or
- (d) relating to fuel and other inputs used in the generation of electricity; or
- (e) relating to emissions produced or avoided in the generation of electricity; or
- (f) to supply a wholesale demand response service;
- (a) price volatility in a wholesale electricity market;
- (b) volatility in supply and demand in a wholesale electricity market;
- (c) volatility in the price of fuels and other inputs used in the generation of electricity;
- (a) a wholesale electricity market; and
- (b) a market for financial risk management products; and
- (c) a market prescribed by the Regulations;
- (a) an electricity contract; and
- (b) a financial risk management product.