Market Review: Open
The Reliability Panel’s 2022 Annual Market Performance Review (AMPR) provides observations and commentary on the reliability, security, and safety performance of the power system over the period covering 1 July 2021 to 30 June 2022.
Key dates for this review
- Review initiated – 2 February 2023
- Explanatory statement expected publication – 30 March 2023
- Final report expected publication – 30 March 2023
The AMPR provides an assessment of reliability and security outcomes relevant to a NEM undergoing rapid transition, exemplified by significant market events, in particular the June 2022 market suspension, which occurred in the reporting period.
The report compiles information collected from a number of sources including the Australian Energy Market Operator, the Australian Energy Regulator, and market participants.
The purpose of the review final report is to:
- Consider specific events that have occurred in the NEM over the reporting period
- Assess the performance of the power system against various reliability, security, and safety measures.
- Consolidate key information related to the performance of the power system and present observations and commentary in a single publication for the purpose of informing stakeholders.
About 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, Charles Popple. 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.