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.
Introduction of the Retailer Reliability Obligation
The Retailer Reliability Obligation (RRO) started on 1 July 2019. The RRO is designed to support reliability in the National Electricity Market by incentivising retailers and some large energy users to contract or invest in dispatchable and 'on demand' resources.
More information can be found in the bulletin below.
Energy Security Board – Converting the Integrated System Plan into Action - Consultation Paper
The Energy Security Board published the Converting the Integrated System Plan (ISP) into Action Consultation Paper on 17 May 2019.
The Consultation Paper provides an update on the status of the twelve recommendations from the ISP Action Plan and seeks feedback from interested parties on the approach to implementing Recommendations 8, 9 and 10 from the Plan and the proposed governance framework.
This consultation process is now closed. Submissions received are available below.
Retailer Reliability Obligation Rules
The Energy Security Board (ESB) has released its revised National Electricity Rules and a comparison version of the Rules which would give effect to the Retailer Reliability Obligation. These proposed Rules take into account stakeholder feedback to the Retailer Reliability Obligation Draft Rules Consultation Paper released 8 March 2019.
Post 2025 Market Design for the National Electricity Market (NEM)
The COAG Energy Council has tasked the Energy Security Board with developing advice on a long-term, fit-for-purpose market framework to support reliability that could apply from the
Energy Security Board – Retailer Reliability Obligation Draft Rules Consultation Paper
The Energy Security Board (ESB) published the Retailer Reliability Obligation Draft Rules Consultation Paper on 8 March 2019. To accompany the Consultation Paper, the ESB also released Draft National Electricity Rules Amendments and an online RRO Illustrative Timeline.
Energy Security Board Consultation on ACCC Recommendations 1 and 41
The Energy Security Board (ESB) was tasked by COAG Energy Council (the Council) with providing advice on Recommendations 1 and 41 of the Australian Competition and Consumer Commission (ACCC) Retail Electricity Pricing Inquiry – Final Report (June 2018). Two consultation papers have been prepared by the ESB to inform its advice to the Council.
Consultation on Draft Metrics for the Strategic Energy Plan
The Independent Review into the Future Security of the National Electricity Market (the Finkel Review) recommended that the COAG Energy Council develop and maintain a Strategic Energy Plan for the National Electricity Market. The purpose of the Strategic Energy Plan is to ensure a clear strategic focus for the Energy Council’s work and to provide clarity of direction to market bodies and market participants.
Trajectory for Low Energy Buildings
On 1 February 2019 Energy Ministers agreed the Trajectory for Low Energy Buildings, a national plan that sets a trajectory towards zero energy (and carbon) ready buildings for Australia.
The Trajectory identifies opportunities for the building sector in the context of a broader trajectory for the sector, and in summary proposes: