Review of Governance Arrangements for Australian Energy Markets - Final Report

Publication date: Friday, 23rd October 2015.

The Review of Governance Arrangements for Australian Energy Markets commenced in February 2015 and was completed in October 2015 with delivery of the Final Report to the COAG Energy Council.

The Expert Panel engaged to conduct the review (Dr Michael Vertigan (Chair), Prof George Yarrow and Mr Euan Morton) concluded that the division of functions established by the current governance arrangements for Australian Energy Markets is fundamentally sound and that Australian energy market governance is amongst best practice internationally. Australia's energy market governance relies on clearly specified and stable policy and appropriate regulatory objectives, delegation of some roles to specialist institutions and importantly, institutional separation.

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