Power of choice review
6 September 2012 Draft report - Information sheet
On 6 September 2012 the AEMC published the draft report for the Power of choice review.
The draft report includes proposals for change to every part of the electricity supply chain – enabling greater demand-side participation in the National Electricity Market (NEM) to help minimise costs of supply.
The draft report also identifies ways to give consumers the information, education, incentives and tools they need to manage their electricity use.
The review proposes reforms to the electricity market framework and rules to help make these changes possible.
The draft report also identifies the changes needed to encourage network operators, retailers and others to better support consumer choice and use flexible demand to delay investment in generation, poles and wires.
A public forum will be held in Melbourne on 3 October and submissions on the draft report are due by 11 October 2012.
11 May 2012
The third meeting of the review's Stakeholder Reference Group was held on 11 May 2012 in Melbourne. The meeting provided SRG members with the opportunity to test policy solutions for addressing issues relating to consumer participation and cost-reflective pricing.
23 March 2012
On 23 March, the AEMC published the directions paper for the Power of choice review.
The directions paper identifies specific market conditions required for efficient demand side participation. It also highlights opportunities to potentially improvement market and regulatory arrangements to support those market conditions.
The next stage of the review will seek investigate the issues raised by the directions paper, across a number of key areas and assess potential options for reform where necessary.
We are seeking stakeholder feedback on the directions paper. A public forum for stakeholders to present their views and provide the AEMC with feedback on key considerations for the next stage of the review will be held in Sydney on 19 April 2012.
Submissions close on 4 May 2012
21 Dec 2011 Power of choice review consultant reports released
On 21 December, the AEMC published three background consultant research reports for the Power of choice review. These reports related to:
These reports will help inform the Commission's analysis of issues and provide input to the review's directions paper to be published in early February 2012.
24 Oct 2011 Stakeholder Reference Group second meeting
The second meeting of the review's Stakeholder Reference Group was held on 24 October 2011. The meeting provided expert feedback on issues to be considered in the review following stakeholder submissions and other consultations.
26 Aug 2011 Submissions to issues paper close
Forty-five submissions were lodged in response to the issues paper released by the Power of choice review. Submissions were sought from community, industry and government stakeholders to help identify potential options for reform.
15 Jul 2011 Power of choice issues paper released
The AEMC has called for public comment on the first issues paper for the Power of choice review.
The issues paper explores the drivers for electricity demand across Australia, future challenges for the energy market and how cost effective demand side participation could improve the efficiency of the National Electricity Market (NEM). Submissions to the issues paper are due by 26 August 2011.
8 Jun 2011 Stakeholder Reference Group first meeting
The first meeting of the Power of choice Review Stakeholder Reference Group was held on 8 June 2011. The meeting gathered initial views on key issues for input into the issues paper to be published in July 2011.
29 Mar 2011 Power of choice (Stage 3 DSP) review initiated
The then Ministerial Council on Energy (now the Standing Council on Energy and Resources) asked the AEMC to investigate and identify market and regulatory arrangements needed across the electricity supply chain to facilitate efficient investment in, operation and use of demand side participation (DSP) in the NEM. The review will include all arrangements that impact on the electricity market supply chain, including the rules, other national and jurisdictional regulations, commercial arrangements and market behaviours. DSP refers to the ability of consumers to make informed choices about how much electricity they use at different times.