Developing electricity guidelines and standards
Under the National Electricity Law (NEL) and the National Electricity Rules (NER) the AEMC and the Reliability Panel are obligated to make determinations, guidelines, standards and settings on a range of matters, and to maintain and keep these up-to-date.
The AEMC is responsible for:
- certain reliability settings (the annual indexation of the market price cap and cumulative price threshold)
- the last resort planning powers
- guidelines for and determinations of compensation following the application of the administered price cap.
Reliability Panel obligations
Read more about the Reliability Panel's obligations and responsibilities.