Market Review: Open

Overview

The Reliability Panel’s Annual market performance review provides observations and commentary on the security, reliability and safety of the national electricity market. It compiles information collected from a number of sources including the Australian Energy Market Operator, the Australian Energy Regulator, jurisdictional regulators and market participants.

Among other things, the annual market performance review may assist governments, policy makers and market institutions to monitor the performance of the power system, and to identify the likely need for improvements to the various measures available for delivering security, reliability and safety. 

The Reliability Panel undertakes this review each year in accordance with the National Electricity Rules and terms of reference from the AEMC.

Initiation

On 6 September 2018 the Reliability Panel initiated its 13th annual review of the performance of the national electricity market.

According to the rules and terms of reference issued by the AEMC and published below, the Panel must review the performance of the market in terms of reliability, security and safety of the power system in 2017-2018.

We welcome comments on our approach and issues to be considered by the Panel in the 2018 review, as set out in the information sheet below. While we are not seeking formal stakeholder submissions, comments can be provided by contacting Olga Iaroshevska on olga.iaroshevska@aemc.gov.au by 18 October 2018.

The Panel will publish its final report on the review by 30 June 2019. 

The Reliability Panel

The Reliability Panel's core functions relate to the security, reliability and safety of the national electricity system. The focus of the Panel's work is on determining standards and guidelines which are part of the framework for maintaining a secure and reliable power system. 

The Panel is chaired by AEMC Commissioner, Dr Brian Spalding. Its members are broadly representative of all stakeholders interested in the operation of the power system and the electricity market including consumer groups, generators, network service providers, retailers and the power system and market operator, AEMO.
 

Documentation