On 24 October 2013, the Australian Energy Market Commission (AEMC) published a consultation paper as the first step to developing advice to the Standing Council on Energy and Resources (SCER) on linking the national electricity market reliability standard and reliability settings with a value of customer reliability (VCR).

The purpose of the consultation paper is to invite stakeholder views on a number of issues associated with linking the reliability standard and reliability settings in the wholesale market with VCR. Responses to the consultation paper will be used to further inform and enhance the AEMC's understanding of the key issues relevant to this advice.

Submissions close on 26 November 2013.