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.
National Harmonised Regulatory Framework for Natural Gas from Coal Seams - Review and Name Change (December 2018)
On 9 December 2011, the former Standing Council on Energy and Resources agreed to develop and implement a harmonised framework for coal seam gas to address key areas of community concern. The National Harmonised Regulatory Framework for Natural Gas from Coal Seams was endorsed by the Council on 31 May 2013. Between 2013 and 2016, State and Northern Territory governments reported annually on the framework’s implementation.
Leading Practices Guide for Coal Seam Gas Development in Australia
On 18 December 2018, Resources Ministers agreed to the Leading Practices Guide for Coal Seam Gas Development in Australia.
The Guide contains 16 leading practices framed around six broad themes providing guidance to regulators and information related to industry practices.
The Guide can be found below.
ACCC & GMRG recommendations on east coast gas market transparency
The Australian Competition and Consumer Commission (ACCC) and the Gas Market Reform Group (GMRG) released a joint paper on 21 December 2018 recommending 18 measures to improve the transparency of the east coast gas market.
The joint paper follows a request in March 2017 by the then Prime Minister for the ACCC and GMRG to work together to advise on options to quickly improve transparency across the gas supply chain.
Council agrees Terms of Reference for its Gas Pipeline Regulation Impact Statement
On 19 December 2018, Energy Ministers agreed Terms of Reference for a Regulation Impact Statement (RIS) to identify and evaluate options to deliver a more efficient, effective and well-integrated regulatory framework for gas pipelines.
Initial consultation with industry stakeholders will commence early in 2019. Council plans to release a draft of the RIS for full public consultation in August 2019.
For further information, please contact GAS@environment.gov.au
Review of Energy Market Commission Establishment Regulations 2005
The Australian Energy Market Commission Establishment Regulations 2005 were made under the Australian Energy Market Commission Establishment Act 2004.
Pursuant to Part 3A of the Subordinate Legislation Act (SA) 1978, the Australian Energy Market Commission Establishment Regulations are now due for review.
The purpose of the review is to determine whether the Regulations remain relevant and provide the opportunity to consider any changes.
The Senior Committee of Officials is releasing the attached Issues Paper as the first step in the review.
Health of the National Electricity Market
The Energy Security Board (ESB) has today published the Health of the National Electricity Market (NEM), an annual check-up recommended by the Finkel Review. The Health of the NEM report is an assessment of how the NEM is functioning and where improvement is required.
Integrated System Plan - Action Plan
At the COAG Energy Council meeting on 10 August 2018, the Energy Security Board (ESB) Chair was requested to report in December 2018 on:
COAG Decision Regulation Impact Statement – COAG Energy Council
On 19 December 2018, the Council of Australian Governments (COAG) Energy Council agreed to implement the Retailer Reliability Obligation (RRO) for the National Electricity Market (NEM).