Energy Market Reform Bulletin No. 28 - Demand Response Mechanism (DRM) Cost Benefit Analysis - Consultation Paper

Publication date: Monday, 25th August 2014.

The Demand Response Mechanism (DRM) was a recommendation of the Australian Energy Market Commission in the 2012 Power of Choice review. The DRM was intended to facilitate large energy users to act as though they were non-scheduled generators in the wholesale market, and receive reimbursement for reducing energy demand in response to high price events.

In May 2014, officials contracted Oakley Greenwood to undertake further analysis of the DRM, including market modelling. Cost benefit analysis and market modelling require the development of complex and detailed assumptions, and identification of relevant data. These inputs need to be reasonable and realistic to ensure the modelling generates sensible outcomes.

Released on 25 August 2014, Energy Market Reform Bulletin No. 28 invited stakeholders to provide written submissions on a DRM consultation paper that outlined the potential methodology and data sources which Oakley Greenwood would draw upon to undertake their analysis.

All stakeholder submissions received in response to this consultation paper are available below, excluding where stakeholders clearly indicated that a submission should remain confidential, either in whole or in part.

 

Files

File nameSize
PDF icon Energy Market Reform Bulletin No. 28 - Demand Response Mechanism (DRM) Cost Benefit Analysis - Consultation Paper142.58 KB
File Energy Market Reform Bulletin No. 28 - Demand Response Mechanism (DRM) Cost Benefit Analysis - Consultation Paper187.86 KB
PDF icon Cost-benefit assessment of the DRM: Consultation Paper1.82 MB
File Cost-benefit assessment of the DRM: Consultation Paper1.63 MB
PDF icon AGL Energy - response to Cost-benefit assessment of the DRM: Consultation Paper234.61 KB
PDF icon Alternative Technology Association - response to Cost-benefit assessment of the DRM: Consultation Paper631.48 KB
PDF icon Energex - response to Cost-benefit assessment of the DRM: Consultation Paper618.94 KB
PDF icon Energy Australia - response to Cost-benefit assessment of the DRM: Consultation Paper282.9 KB
PDF icon Energy Networks Association - response to Cost-benefit assessment of the DRM: Consultation Paper130.52 KB
PDF icon EnerNOC - response to Cost-benefit assessment of the DRM: Consultation Paper - Pt 1218.75 KB
PDF icon EnerNOC - response to Cost-benefit assessment of the DRM: Consultation Paper - Pt 2329.92 KB
PDF icon ERM Power - response to Cost-benefit assessment of the DRM: Consultation Paper400.09 KB
PDF icon Energy Supply Association of Australia & Energy Retailers Association of Australia - response to Consultation Paper459.51 KB
PDF icon Energy Users Association of Australia - response to Cost-benefit assessment of the DRM: Consultation Paper1.54 MB
PDF icon Major Energy Users Inc. - response to Cost-benefit assessment of the DRM: Consultation Paper56.62 KB
PDF icon Origin Energy - response to Cost-benefit assessment of the DRM: Consultation Paper128.67 KB
PDF icon Public Interest Advocacy Centre - response to Cost-benefit assessment of the DRM: Consultation Paper469.38 KB
PDF icon Seed Advisory - response to Cost-benefit assessment of the DRM: Consultation Paper614.04 KB
PDF icon Stanwell Corporation Limited - response to Cost-benefit assessment of the DRM: Consultation Paper43.27 KB
PDF icon United Energy - response to Cost-benefit assessment of the DRM: Consultation Paper2.38 MB

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