Energy Market Transformation Bulletin No 04 – National Battery Storage Register Consultation
Publication date: Monday, 22nd May 2017.
Background
At the 14 December 2016 COAG Energy Council meeting, Ministers agreed in principle to develop a national energy storage register subject to a cost-benefit analysis. The purpose of such a register would be to enhance power system and network security, and protect the safety of consumers, line workers and installers. This decision to undertake a cost-benefit analysis came after a consultation process that began in August 2016.
In March 2017, the Energy Council’s Energy Market Transformation Project Team (EMTPT) commissioned the consultants Jacobs to develop a cost-benefit analysis of the proposed register. This analysis compares a register hosted by the Australian Energy Market Operator (AEMO) or the Clean Energy Regulator (CER) with a ‘business-as-usual’ base case scenario.
Consultation
A critical part of the project is to consult stakeholders on the draft findings.
On 22 May 2017, the Energy Council released the draft report and a consultation paper on the draft cost-benefit analysis findings, which are available on the Energy Council website.
Submissions closed on Friday 9 June 2017.
UPDATE:
All stakeholder submissions received in response to this consultation process are available below.
Publication
On 14 July 2017, the Energy Council released the final report on the cost-benefit analysis findings. The final report is available below.