This final report sets out the findings of the Reliability Panel’s 2017 annual market performance review (AMPR) as required by the National Electricity Rules (rules or NER). This review is conducted in accordance with terms of reference issued by the Australian Energy Market Commission (AEMC). Covering the period 1 July 2016 to 30 June 2017, the 2017 AMPR includes observations and commentary on the security, reliability and safety performance of the power system.
This concise report is structured as follows:
• Key concepts: security, reliability and safety are the three main concepts considered by the Panel when undertaking the AMPR.
• Market trends: the key trends in generation, interconnection and demand.
• Security review: an overview of security outcomes and emerging trends in the NEM.
• Reliability review: an overview of reliability outcomes and forecasts in the NEM.
• Safety commentary: a short summary of safety in the NEM
• Relevant policy developments: a short summary of other policy work currently underway that is relevant to the ongoing security and reliability of the NEM.
This concise report is intended to provide a high level summary of key trends in the NEM. More detailed information and commentary is provided in the main body of the report and in the relevant appendices.