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 - National Energy Guarantee - Issues Papers

National Energy Guarantee - Issues Papers  

The ESB has prepared the following issues papers to facilitate discussions with jurisdictions and Technical Working Groups on several detailed design elements.

Following the discussions with jurisdictions and Technical Working Groups, more detailed technical working papers will be developed. The technical working papers and draft final design document will be available for public consultation in mid-June.

 

16th Energy Council Ministerial Meeting

Ministers met to discuss their top priority – ensuring the security, reliability, affordability and sustainability of the electricity market whilst working towards a lower emissions future.

The new South Australian Minister for Energy and Mining, the Hon Dan van Holst Pellekaan, was welcomed by the Council. The Council also acknowledged the significant contribution of the previous South Australian Energy Minister Tom Koutsantonis.

Initial design of the Guarantee

Energy Security Board's (ESB) initial design

The ESB presented a high level design of the Guarantee to the COAG Energy Council on 20 April 2018 following a two month consultation process and the review of more than 150 submissions received from a broad range of groups and individuals. 

Please refer to the below attachment for more information on the ESB's initial design.

Optimising Network Incentives Report

In September 2017, KPMG were engaged by the Energy Market Transformation Project Team (EMTPT) to review existing and alternative regulatory frameworks that may improve flexibility and encourage innovation and efficiency in electricity network investment and operation.

Please see below Optimising Network Incentives, prepared by KPMG, and the Senior Committee of Officials Bulletin for more information.

Energy Security Board Terms of Reference

On 24 November 2017 Energy Council Ministers formerly amended and endorsed the Terms of Reference for the Energy Security Board (ESB) including that it only undertake work as directed by the COAG Energy Council.

The Terms of Reference for the ESB can be found below.

COAG Energy Council Review of Petroleum Licensing Regulations

Australia’s ability to continue to attract the large-scale investment required to support petroleum projects has been underpinned by sound petroleum development and production regimes both onshore and offshore.

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.

Energy Consumers Australia (ECA) was established as a company limited by guarantee on 30 January 2015, and assumed the responsibilities of the former Consumer Advocacy Panel, which was closed on ECA’s establishment.

Capacity Trading Reform Package Legal and Regulatory Framework – Consultation

The Gas Market Reform Group (GMRG)  has undertaken 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.

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