Market Review: Open
The AEMC is seeking stakeholder feedback on draft rules to implement regulatory sandbox arrangements.
A regulatory sandbox is a framework within which participants can test innovative concepts in the market under relaxed regulatory requirements at a smaller scale, on a time-limited basis and with appropriate safeguards in place.
On 26 September 2019 the AEMC released the final report on regulatory sandbox arrangements to support proof-of-concept trials in the national electricity and gas markets
At its meeting on 22 November 2019, the COAG Energy Council (Council) agreed to the AEMC's recommendations to introduce a regulatory sandbox toolkit. The Council asked the AEMC to provide further advice on rule changes, including stakeholder feedback on the proposed rule drafting provided in the AEMC’s final report and a final recommended package of rule changes.
The AEMC will report back to the Council by March 2020.
We invite stakeholder comments on the proposed rule drafting published with our final report by Thursday 20 February 2020.