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.
Energy Security Board consultation on ACCC Recommendations 6 and 7
The Energy Security Board (ESB) was tasked at the August 2018 Council of Australian Governments (COAG) Energy Council meeting with providing advice to the Council on Recommendations 6 and 7 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 COAG Energy Council.
National Electricity Rules (NER) and National Gas Rules (NGR) - Consultation
Stakeholder comment is sought on proposed rule changes to support the introduction of legislation to create a binding rate of return instrument. The proposed rules remove or amend the National Electricity Rules (NER) and National Gas Rules (NGR) that will be outdated after the passage of the legislation.
We are seeking feedback on the rule changes that:
Energy Security Board Converting the ISP into action
The Energy Security Board (ESB) has published a paper that sets out an overview of the processes and next steps until late 2018, when the ESB will report back to the COAG Energy Council on:
National Principles for Managing Rehabilitation Financial Risks
On 10 August 2018 , the COAG Energy Council, following consideration of financial obligations for mine site rehabilitation, endorsed a set of National Principles for Managing Rehabilitation Financial Risks, established by the COAG Energy Council’s Resource Policy Group.
The Principles provide guidance jurisdictions to ensure financial provisioning is robust and minimises a state/territory’s exposure to unmet rehabilitation obligations of a mine site.
ACCC Retail Electricity Pricing Inquiry report Bulletin
At its 18th meeting on 10 August 2018, the COAG Energy Council commenced consideration of the recommendations of the Australian Competition and Consumer Commission’s (ACCC) Retail Electricity Pricing Inquiry. An update on this work program may be found at the Bulletin below.
Hydrogen for Australia's Future
The Hydrogen Strategy Group has released its briefing paper to COAG Energy Council Ministers on Hydrogen for Australia's Future.
The briefing paper discusses the scope of Australia's hydrogen potential and frames the discussion for a national strategy.
Gas Market Reform Bulletin No.3
On 10 August 2018, the COAG Energy Council endorsed the Senior Committee of Officials recommendations regarding the Australian Energy Market Commission's review into the scope of economic regulation applied to covered pipelines.
Consultation on National Energy Guarantee Legislative Amendments
The COAG Energy Council consulted on an exposure draft of the proposed changes to the National Electricity Law that would implement the National Energy Guarantee (Guarantee).
The draft Bill, prepared by the Energy Security Board based on the Final Detailed Design of the National Energy Guarantee, was considered by the COAG Energy Council on 10 August 2018. The draft Bill sets out: