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.  

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.
 

Energy Market Transformation Bulletin No. 06 - Work Program Update

The Energy Council continues to develop policy responding to the energy market's transition.  At the November 2017 meeting, Energy Council was provided updates on a number of work streams.

For information on the updates, please click on the Bulletin below.

The Health of the National Electricity Market Report

The Energy Security Board (ESB) reports to the COAG Energy Council.  Each year the ESB will deliver a Health of the National Electricity Market report to the COAG Energy Council that will track the performance of the system, the risks it faces, and the opportunities for improvement.

On 20 December 2017, the ESB delivered the inaugural Health of the National Electricity Market Report.  The Report assesses the present health and outlook for the NEM.

National Energy Productivity Plan Annual Report 2017

This Annual Report covers the second in a 15-year plan and shows that the NEPP has continued to progress well. Throughout 2017, measures across the work plan have advanced and many have achieved significant outcomes. There has also been wider progress in energy policy and jurisdictional measures which will contribute strongly to energy productivity and NEPP objectives.

Report on the National Energy Guarantee

Ministers met in Hobart on 24 November 2017 to discuss the National Energy Guarantee. 

The covering letter from the Energy Security Board to the Hon Josh Frydenberg can be found below, as well as the Report on the National Energy Guarantee. 

 

 

15th Energy Council Ministerial Meeting

Ministers met in Hobart on 24 November 2017 to discuss their top priority - ensuring reliable and affordable supply of electricity whilst working towards a lower emissions future.

 

Further outcomes of the meeting can be found in the Communique below.

Energy Market Transformation work program

The Energy Market Transformation work program, which commenced in early 2016, aims to ensure regulatory frameworks are fit for purpose to cope with the effects of emerging technologies and to enable consumers to benefit from innovative services while mitigating any risks. It aims to ensure regulatory frameworks are flexible enough to support a successful transition of the electricity market to a future characterized by more and increasingly decentralized supply options.

Further information on the key work streams identified in the work program is outlined below.

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