% Generated by roxygen2: do not edit by hand
% Please edit documentation in R/price_caps.R
\name{aemo_price_caps}
\alias{aemo_price_caps}
\title{NEM market price caps, price floor, and CPT by financial year}
\usage{
aemo_price_caps()
}
\value{
An \code{aemo_tbl} with columns \code{year} (financial year,
\code{"YYYY-YY"}), \code{market_price_cap_aud_per_mwh},
\code{market_price_floor_aud_per_mwh},
\code{cumulative_price_threshold_aud},
\code{administered_price_cap_aud_per_mwh}, and \code{source}.
}
\description{
Returns a static reference table of the \strong{Market Price Cap
(MPC)}, \strong{Market Price Floor (MPF)}, \strong{Cumulative Price
Threshold (CPT)}, and \strong{Administered Price Cap (APC)} that
apply in each NEM financial year (1 July to 30 June). These
are set by the AEMC under NER 3.9.4 and indexed annually to
CPI.
}
\details{
Use this table to interpret spot-price extremes: any RRP
hitting the MPC (typically AUD 15,000 to 17,500 per MWh
depending on year) indicates a price cap event; when the
rolling-seven-day cumulative price in a region exceeds the
CPT (~AUD 1.5 million per MWh-equivalent), AEMO imposes the
APC (AUD 300/MWh) until the CPT falls back below the threshold.

The table covers 2015-16 onwards and is updated on each
package release. For the authoritative current values see
\url{https://www.aemc.gov.au/regulation/energy-rules/national-electricity-rules}
and the AEMO Reliability Settings publications.
}
\examples{
caps <- aemo_price_caps()
head(caps)
}
\seealso{
Other reference: 
\code{\link{aemo_dlf}()},
\code{\link{aemo_interconnectors}()},
\code{\link{aemo_mlf}()},
\code{\link{aemo_participants}()},
\code{\link{aemo_regions}()},
\code{\link{aemo_settlement}()},
\code{\link{aemo_snapshot}()},
\code{\link{aemo_units}()}
}
\concept{reference}
