The almost weekly major energy policy announcements by State and Commonwealth Governments in recent times brings to mind the old cliche of never letting a good (energy) crisis go to waste. Sadly, the lack of national direction and various recent uncoordinated Government policy announcements to address short term political problems could be laying the groundwork […]
On 11 April 2017, the Australian Energy Market Commission (AEMC) published its draft rule determination in response to a rule change request submitted by the Australian Energy Regulator (AER) to extend the regulatory investment test (RIT) to replacement capital expenditure (repex) and increase transparency of investment planning information.
The South Australian state wide power outage in September has refocussed the light on clean energy policy and the safety and security of our power system. State and Federal Governments have subsequently taken positive steps to set green goals while encouraging new investment opportunities.
This policy update provides a brief and general review of the most recent policies, strategies and initiatives announced in the lead up to the Federal election. A central role for Government is to set the policy framework for its constituents. This is not an easy task, especially if we take into account the constrained timelines […]
The Council of Australian Governments (COAG) Energy Council met on 19 August 2016 with the discussions focusing on the transformation of the gas and electricity markets and the associated challenges, including the recent energy supply problems in South Australia. The meeting identified a number of significant policy issues facing the energy sector, with the Senior […]
The Australian Energy Regulator (AER) has released its Draft Ring-fencing Guideline (the Draft Guideline) and explanatory statement. The new guideline will apply to all electricity Distribution Network Service Providers (DNSPs) across the National Electricity Market (NEM) in terms of their engagement in emerging contestable energy markets.
Recently Euan Morton, together with Professor George Yarrow, prepared an article for the ENA Energy Insider on the Hilmer principles in the changing energy markets. This article can be viewed here or downloaded here.
On 26 February 2016, the Australian Competition Tribunal released its decisions in relation to the merits review appeals made by Ausgrid, Endeavour Energy, Essential Energy, ActewAGL, Jemena Gas Networks and the Public Interest Advocacy Centre under the national electricity regulatory framework. The key aspects of the Tribunal’s decisions and its implications are summarised here