Review of the Reliability Standard

At its meeting in November 2019, the COAG Energy Council requested the ESB provide advice on the implementation of interim measures to preserve reliability and system security, including reviewing the reliability standard, during the transition to the post-2025 market design. The directions paper summarises the Energy Security Board’s advice to the Energy Council.

 Next Steps:

Implementation of the Reliability Reserve

Late April – Consultation on draft rules (6 week consultation period)

 

Early June – respond to submissions, prepare final rules package for COAG EC decision by end June.

 

July-August – Finalise rule changes

Changes to the Retailer Reliability Obligation

Consultation on a package of law and rule changes

 

Sept - making recommendations to Energy Council

Council Priority Issue: