Market Operator Separation Requirements
Market Operator Separation Requirements
Considering that PWP will be undertaking the Market Operator Functions as well as procuring power from the Pool (referred to as Power Procurer in the Market Rules Document), this document aims to ensure that any perceived or actual conflict of interest between PWP’s two (2) roles under the Market Rules is avoided through implementation of Condition 14A of the Licence.
In accordance with Condition 14A (3) of the Licence, this document sets out the Market Operator Separation Requirements as issued by the Authority, and identifies the details of the administrative, managerial, operational, financial, system and/or other requirements for the proper separation of the Market Operator to ensure compliance with the Licence and the Market Rules Document and ensure that the Market Operator Functions are properly discharged by PWP (Separation Requirements).
This document must be read in line with OPWP’s licence and the Market Rules, as amended from time to time and reviewed periodically to ensure that they remain consistent.
