The Energy Security Board issued 2 media releases on 20 April 2020: Two-sided Markets and Service System and Ahead Markets.
The Independent Review into the Future Security of the National Electricity Market recommended that the COAG Energy Council develop and maintain a Strategic Energy Plan for the National Electricity Market.
The COAG Energy Council agreed to progress the recommendations from the 2013 Review of Enforcement Regimes under the National Energy Laws.
On 19 December 2018, the COAG Energy Council agreed to implement the Retailer Obligation for the National Electricity Market.
The Energy Security Board provided advice on Recommendations 1 and 41 of the Australian Competition and Consumer Commission Retail Electricity Pricing Inquiry. The ESB sought stakeholder views on Recommendations 1 and 41.
The Statutes Amendment (National Energy Laws) (Penalties and Enforcement) Bill 2020, agreed to by the Energy Ministers on 20 March 2020, is an important step in the reform of energy policy.
The former COAG Energy Council considered the findings of the Australian Energy Market Commission’s Regulatory Sandbox Arrangements to Support Proof-of Concept Trials Final Report.
The COAG Energy Council requested the Energy Security Board's advise on a long-term, fit-for-purpose market framework to support reliability and modify the National Electricity Market as necessary.
On 26 October 2018, Energy Ministers agreed that the Energy Security Board would progress development of draft National Electricity Law amendments to give effect to a Retailer Reliability Obligation.
This consultation package is on draft legislative amendments to the Australian Energy Regulator’s enforcement powers and penalty regime under the National Energy Laws.