COAG Energy Council Gas Market Reform Package
THE COUNCIL OF AUSTRALIAN GOVERNMENTS (COAG) ENERGY COUNCIL RELEASES A COMPREHENSIVE GAS MARKET REFORM PACKAGE
The Australian gas market is undergoing significant structural change. Australia is on the cusp of becoming the world's largest liquefied natural gas (LNG) exporter, having seen investment of more than $200 billion in the past decade.
Gas Market Reform Bulletin No 2 - Australian Energy Market Commission East Coast Wholesale Gas Market and Pipeline Frameworks Review
COAG Energy Council officials welcome the release of the Final Stage Two report of the Australian Energy Market Commission (AEMC) Review into the East Coast Wholesale Gas Market and Pipeline Frameworks.
The AEMC’s report is published on its website at http://www.aemc.gov.au/Markets-Reviews-Advice/East-Coast-Wholesale-Gas-Market-and-Pipeline-Frame
Energy Project Team Bulletin No. 1 - Optional Firm Access
In April 2010, the Energy Council (former Ministerial Council on Energy) tasked the Australian Energy Market Commission (AEMC) with a review of electricity transmission frameworks to ensure that they support optimal investment decisions by generators and regulated network businesses. As an outcome, the AEMC proposed Optional Firm Access (OFA) as an improvement to the existing framework.
Gas Market Reform Bulletin No 1 - Removing restrictions on who can propose rule changes to the Victorian Declared Wholesale Gas Market rules
The Victorian Declared Wholesale Gas Market (DWGM) is a wholesale gas market for the scheduling of pipeline capacity and trading of gas imbalances.
At present, the National Gas Law only allows for a request for a rule change to be made by the Australian Energy Market Operator or the Victorian Minister for Energy in relation to the DWGM.
Energy Working Group Bulletin No 43 - Review of Enforcement Regimes under the National Energy Laws
In December 2014, the Energy Council agreed to task officials with implementing 11 of the 13 recommendations from the Review of Enforcement Regimes under the National Energy Laws (the Report). The purpose of the Report was to inform policy aimed at ensuring enforcement regimes continue to protect the interests of consumers and maintain the integrity of the energy market.
Officials have prepared a paper for consultation outlining proposed policy positions on recommendations 1, 7, 8 and 9 from the report.
COAG Energy Council Bulletin No 1: Energy Council Statement – Australian Competition and Consumer Commission East Coast Gas Inquiry
Released on 22 April 2016, COAG Energy Council Bulletin No.1 presented the Council's statement in response to the Australian Competition and Consumer Commission's (ACCC) report of 22 April 2016 titled 'Inquiry into the east coast gas market'.
The ACCC’s report is published on its website at http://accc.gov.au/inquiry-into-the-east-coast-gas-market.
Energy Working Group Bulletin No 42 - Consultation Regulation Impact Statement for Air Conditioners and Chillers
A Consultation Regulation Impact Statement (RIS) examining options to improve the energy efficiency of air conditioners and chillers has been released. The options presented in the RIS cover chillers and air conditioners of the vapour compression cycle of all sizes.
Energy Market Reform Bulletin No.40 - Release of Final Report - Review of Governance Arrangements for Australian Energy Markets
The Expert Panel for the Review of Governance Arrangements for Australian Energy Markets released its Final Report on 23 October 2015. The Final Report makes observations about the current governance arrangements of the Australian energy market and its key institutions and offers recommendations on how each of these may be improved.
Energy Working Group Bulletin No 41 - National Electricity Law and National Gas Law Amendment Package
The COAG Energy Council Energy Working Group conducted a consultation process to seek comments on the National Electricity Law (NEL) and National Gas Law Amendment package. This package contains two Bills: the removal of barriers for the Australian Energy Regulator (AER) to collect and publish information for the purpose of benchmarking and the introduction of an explicit wholesale market monitoring function for the AER into the NEL.
Ministerial Council on Energy Standing Committee of Officials Bulletin No.193 - Resources and Energy Ministers Meeting, 10 June 2011, Perth Meeting Outcomes
This Bulletin notifies the release of a communique following a meeting of Resources and Energy Ministers in Perth on 10 June 2011.