Register as a Reallocator in the NEM

This page outlines the requirements for registering as a Reallocator in the National Electricity Market (NEM).

Anyone that wishes to participate in a reallocation transaction must register as a Reallocator. A Reallocator must be a “wholesale client” as defined in the Corporations Act 2001 (Cth).

A reallocation transaction is undertaken with the consent of two market participants and AEMO. AEMO credits one market participant with a positive trading amount for a trading interval, and debits a matching negative trading amount to the other market participant for the same trading interval. These may be specified dollar amounts, or calculated by reference to a specified quantity of energy and price. These amounts are typically underpinned by a contract between the credit and debit parties, but AEMO is not a party to that contract.

Registration documents

AEMO is making updates to the application forms and guides under this category. For more information, visit the consultation webpage.

Supporting documents

Any document shown in this section is required in support of your application or to assist.

Retail client fact sheet

To participate in reallocation transactions, you must meet the eligibility for registration as a Reallocator, you must provide evidence that you are a ‘wholesale client’ (not a retail client) as defined in clause 761G(4) of the Corporations Act 2001 (Cth). The following fact sheet is designed to help applicants assess what information they must provide.

Trustee deed

Where the Applicant is acting in a trustee capacity, they must complete and return the following Trustee Deed form. No changes can be made to the Trustee Deed other than the completion of details where highlighted.

When completing the form, a number of fields will update automatically when printed. To update the fields without printing, please press <Ctrl> + ‘P’ to simulate printing, then press <Esc> to return to the document without printing.

Credit support

Credit support will be required if you do not meet the acceptable credit criteria detailed in clause 3.3.3 of the NER.

For applicants wanting to provide credit support in the form of a bank guarantee, AEMO advises applicants to contact [email protected] to discuss credit support requirements prior to completing the AEMO Guarantee Pro Forma. You must submit an original signed copy of the pro forma with your registration application.

The Bank Guarantee Guide contains information on AEMO's bank guarantee processes and participant obligations.