Current forward work program
The Reliability Panel’s work program is set by requirements in the National Electricity Rules (NER) and through terms of reference received from the AEMC. The Panel uses these to guide its strategic direction such that it may offer robust industry insights to its stakeholders.
The Panel has three main strategic goals for the future work program in 2021:
- to provide thought leadership on reliability and security in a changing power system,
- to help deliver co-ordinated energy reforms, and
- to enhance the Panel's stakeholder engagement.
Thought leadership on reliability and security
The Panel is looking to expand its ability to provide thought leadership through future standards, guidelines and settings for reliability and security. Thought leadership will simulate discussion and debate on options for a changing power system and complement the Panel’s engagement and co-ordination with other market bodies such as the ESB.
In respect of its 2021 work program, the Panel has identified opportunities to provide thought leadership:
- In the Reliability standard and settings review, for instance by considering the different options and approaches available to assessing reliability and defining a reliability standard suitable for a changing power system,
- When considering whether new standards for system security may be required to address challenges and needs that are emerging as the power system evolves, and
- By providing additional consideration to changing power system dynamics and system security needs through its Annual Market Performance Report (AMPR) (published December 2020).
A co-ordinated energy reform agenda
The Panel performs its decision making and advisory functions in the context of ongoing market reform programs involving the Energy Security Board (ESB), AEMC, and jurisdictional bodies.
Given the interactions between the reform programs being performed by these parties and the Panel's functions and powers, effective co-ordination is of high importance. As an example, the Panel's review of the reliability standard that will apply through to July 2028 will account for changes to market arrangements which are anticipated through the ESB's post-2025 market design project.
In its 2021 work program, the Panel will co-ordinate with:
- The ESB to determine a reliability standard and market settings that minimise transitional issues in moving to new market arrangements, and
- Jurisdictional governments in respect of state level reliability policies and targets.
The Panel recognises that engaging with stakeholders across industry is critical to perform its functions, provide thought leadership and co-ordinate with other reform processes. Comprehensive stakeholder engagement is necessary to understand a range of perspectives and effectively manage competing interests.
In its 2021 work program, the Panel has identified a number of goals to enhance its engagement with stakeholders across the sector:
- To provide clear and accessible communication that increases the Panel's presence and clearly articulates the role and benefits of its work,
- To increase opportunities to engage, listen, inform and, where appropriate, collaborate on policy making, and
- To deepen engagement around and beyond the work program, including proactively seeking to understand issues and priorities for all stakeholders in the sector.
The Panel will be embedding its strategic goals into its 2021 work program. This includes the following projects.
To be completed in 2021:
- Queensland sub-region system restart standard.
- AEMO protected event declaration application.
Beginning in 2021:
- The Reliability Standards and Settings Review (RSSR).
- The Frequency Operating Standard (FOS) Review.
- Review of the System Restart Standard.