5th COAG Energy Council Meeting Communique
The 5th meeting of the Council of Australian Governments (COAG) Energy Council was held on 19 August 2016 in Canberra.
Key items for discussion included:
recent developments in South Australia
adapting to the transformation of energy markets, ensuring a greater use of renewables and new technologies
gas prices and supply to promote gas market reform to ensure prices are competitive.
Limited Merits Review Terms of Reference - August 2016
On 26 September 2013, amendments to the National Electricity Law (NEL) and National Gas Law (NGL) were introduced into South Australia's Parliament. These amendments gave effect to the COAG Energy Council (previous Standing Council on Energy and Resources) agreed policy position on limited merits review (LMR).
LMR allows parties affected by AER decisions to have the decisions reviewed by the Australian Competition Tribunal where it can be established that there are grounds for this to occur; for example, regulatory errors.
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.