Federal Government energy policy features in October
As our energy regulatory bodies continued with business as usual activities in October, much focus was on the Federal Government.
Amongst much political drama, we saw activity in energy and competition policy with the following three developments in particular:
- On advice from the Energy Security Board, the Federal Government announced its intention to introduce the National Energy Guarantee, comprising reliability and emissions targets to be met by energy retailers.
- The ability for affected parties (namely distribution and transmission networks) to seek a Tribunal review of a revenue determination of the AER on the merits was removed from the Competition and Consumer Act.
- Following passage of legislation in October, extensive competition law changes became effective on 6 November 2017.
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