Energy Security Board Data Strategy - Submissions to consultation paper published
Publication date
The Energy Security Board (ESB) released a public consultation paper on a new data strategy for the national electricity market. This implements a Finkel Review recommendation, with the review recognising that a data strategy is a critical reform in rapidly changing market.
Ensuring that consumers continue to receive reliable, secure and affordable energy depends on data reform. Digitalisation and changes in the energy market are driving the need for more flexible and timely access to data to:
- optimise new technologies
- provide more transparent and efficient markets
- manage robust consumer protections in a world of exponential data growth.
Data also provides new opportunities for better consumer outcomes, through innovation in services and systems, efficiencies along the energy supply chain, and mobilising and valuing flexible demand.
Digitalisation and data reform are already an economy-wide phenomenon. The ESB’s proposes to overhaul the energy data regulatory framework in line with economy-wide data reforms, to support greater affordability, innovation and consumer protections. It has also developed a package of reforms to address data gaps, build energy sector analytical capability and ensure the energy sector is more flexible and adaptable to ongoing technology change.
Consultation has now closed and submissions are published below.
The consultation process consisted of:
20 Oct 2020 |
Release of consultation paper |
11 Nov 2020 |
Public webinar on the consultation paper |
27 Nov 2020 |
Submissions due |
Early 2021 |
Recommendations to Energy Ministers |