Annually, AEMO prepares a summer readiness plan, collaborating with generation and transmission network providers, federal and state governments, and key agencies to actively manage heightened risks to power system operations.

Although a carbon price is rejected by both major political parties at present, several simple and affordable policies, to be implemented by a future federal government and existing state governments, could assist the market to accelerate the renewable electricity transition.

The Australian Energy Market Commission has made a more preferable rule that will require large electricity generators to provide at least three years’ notice of their intention to close. The provision of this information to the market will help minimise the likelihood of any price shocks that could result from sudden retirements.

The Australia Institute apologises for the delay in publishing the October National Energy Emissions Audit, which was due to internal considerations. The November National Energy Emissions Audit is currently being prepared and will be released on time. The Audit shows that Australia’s emissions continue to increase, being driven by growing LNG exports, greater diesel use...

This assessment of generator rebidding in the national electricity market (NEM) found that rebidding is contributing to the delivery of efficient market outcomes, but can be a problem where there is a lack of competition between generators.