The annual review of the economic regulatory framework for electricity networks is part of the AEMC’s work to support the continual evolution of the energy sector. In light of the significant growth in decentralised energy resources, the review examines whether the economic regulatory framework is robust, flexible and continues to support the efficient operation of...

This document outlines a cost-based, engineering optimisation plan by the Australian Energy Market Operator (AEMO), that forecasts the overall transmission system requirements for the National Electricity Market (NEM) over the next twenty years.

The AEMC is calling for public submissions on a rule change request that would make the Australian Energy Regulator responsible for calculating Values of Customer Reliability (VCR). VCRs indicate the value different types of customers place on having reliable electricity supply under different conditions.

The AEMC Reliability Panel has published the final report for its four yearly ‘check in’ of the reliability standard and settings for the National Electricity Market. The panel found the current reliability standard and settings should be extended to 2024.

This discussion paper highlights the need for understanding the ultimate impact on electricity prices when making any changes to how transmission infrastructure is planned, built and operated.