Richard Owens, AEMC Senior Director, Transmission and Distribution Networks, spoke at the Energy Networks Association (ENA) Regulation Seminar 2016. His speech focused on where to draw the line between competition and regulation as consumer-driven energy markets continue to evolve.
“Much of the AEMC’s efforts over the past few years have been in providing more opportunities for consumers to make informed choices. Whenever possible, we start from the premise that the best judges of what’s in consumers’ interests are consumers themselves. And where there are barriers or constraints to consumers exercising their choices, our preference is to address those barriers to choice rather than use regulatory instruments to impose technology-based solutions on consumers. Importantly, we do not try to pick winners.”