Blueprint for Energy Security in the National Electricity Market
The Australian electricity market is undergoing a significant transition, including due to rapid technological change, the increasing penetration of renewable energy, a more decentralised generation system, withdrawal of traditional baseload generation and changing consumer demand.
Examination of the current test for the regulation of gas pipelines
On 19 August 2016, the Energy Council (the Council) released a comprehensive Gas Market Reform Package responding to the findings and recommendations of the Australian Energy Market Commission’s (AEMC) Eastern Australian Wholesale Gas Market and Pipelines Framework Review: Stage 2 Final Report and the Australian Competition and Consumer Commission’s (ACCC) Inquiry into the East Coast Gas Market.
Review of Energy Consumers Australia
The COAG Energy Council agreed to establish a national energy consumer advocacy body on 13 December 2013 based on the Proposal for a National Energy Consumer Advocacy Body. This report was developed by independent advisors in consultation with consumer groups and other stakeholders as part of the energy market reform package agreed by Energy Ministers in 2012.
Capacity Trading Reform Package Legal and Regulatory Framework – Consultation
The Gas Market Reform Group (GMRG) is undertaking a public consultation on the legal and regulatory framework required to implement the capacity trading reform package. Before the reforms can be implemented, a number of amendments will need to be made to the National Gas Law, the Regulations made under the National Gas Law and the National Gas Rules. Further, a new instrument, the Operational Transportation Service Code, will need to be developed.
Energy Security Board National Electricity Market Data Strategy - Consultation Paper
The independent Energy Security Board (ESB) has today released a public consultation paper on the development of a data strategy for the National Electricity Market (NEM). The ESB is developing the data strategy, in collaboration with the Australian Energy Regulator (AER), as recommended in the reform blueprint produced by Australia's Chief Scientist, Dr Alan Finkel AO.
Report to COAG Leaders on Finkel Review Implementation
On 31 August 2017 COAG Energy Council provided advice to COAG Leaders on the implementation plan for the Finkel Review and this advice has now been agreed by COAG Leaders. This report also constituted the first annual public report to COAG Leaders on COAG Energy Council's priorities and progress, as recommended in the Finekl Review. Further information on the Report can be found here.
National Electricity Law And National Gas Law Amendment Package – Creating a binding rate of return instrument.
The COAG Energy Council has agreed to make a number of changes to the National Electricity Law (NEL) and the National Gas Law (NGL) relating to the calculation of the rate of return on capital and the value of imputation credits used in economic regulatory decisions.
The Senior Committee of Officials is seeking feedback on the draft legislation, particularly regarding implementation issues.
Facilitating Access to Consumer Energy Data - Consultation Paper
In 2016, electricity consumers, or their authorised representative, were given a right to access metering data from distributors or retailers. This was intended to empower consumers to make decisions about electricity use, investments in solar PV and other energy savings technologies, and choices of competitive retailer with a clear understanding of historic consumption patterns.
Media Release: Call for public submissions on the National Energy Guarantee
The first public consultation paper for the National Energy Guarantee has today been released by the independent Energy Security Board.
The Media Release can be found below.
Energy Security Board National Energy Guarantee - Consultation Paper
The first public consultation paper for the National Energy Guarantee (Guarantee) has today been released by the independent Energy Security Board (ESB). The guarantee’s intention is to deliver more reliable, affordable and cleaner energy to Australian consumers.
The ESB is chaired by Dr Kerry Schott AO, and includes Deputy Chair Clare Savage, Australian Energy Market Commission Chair John Pierce AO, Australian Energy Market Operator Chief Executive Officer Audrey Zibelman, and Australian Energy Regulator Chair Paula Conboy.