What utilities need to know about the five-minute settlement rule
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At the end of 2017, the Australian Energy Market Commission (AEMC) made a landmark ruling: the price settlement interval for the wholesale electricity At the end of 2017, the Australian Energy Market Commission (AEMC) made a landmark ruling: the price settlement interval for the wholesale electricity market, which has been set at 30 minutes for the last two decades, will be reduced to five minutes.
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