New energy zones identified in New South Wales

AU Energy Compliance
By Anne Wardell, Compliance Quarter.  The New South Wales Government (government) has lodged a submission with the Australian Energy Market Operator (AEMO) in relation to AEMO's Integrated System Plan (ISP). The ISP was recommended by the Independent Review into the Future Security of the NEM (Finkel Review). The first ISP is expected to be delivered in June 2018 and AEMO has indicated that it will, 'deliver a strategic infrastructure development plan, based on sound engineering and economics, which can facilitate an orderly energy system transition under a range of scenarios. This ISP will particularly consider: What makes a successful renewable energy zone (REZ) and, if REZs are identified, how to develop them. Transmission development options'. (Source: AEMO ISP page) The government submission was released in March 2018 and it is important…
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Solar feed-in tariffs 2018/19 for NSW call for submissions

AU Energy Compliance, Uncategorized
By Anne Wardell, Compliance Quarter.  The Independent Pricing and Regulatory Tribunal (IPART) has released an Issues Paper for discussion on the solar feed-in tariffs for 2018/19. IPART is seeking written submissions to be made by 16 April 2018. Information about how to lodge a submission are contained in the Issues Paper. IPART has provided the following useful infographic in relation to the process: The Terms of Reference set out the following parameters which must be considered in conducting the investigation: There should be no resulting increase in retail electricity prices; and The benchmark range should operate in such a way to support a competitive electricity market in NSW. The final report is to be provided by 30 June 2018. Further information about the investigation can be found on the IPART website…
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EWON Consultation Review

EWON Consultation Review

AU Energy Compliance
EWON Consultation Review - Under the new Retail Exemption Guidelines and Network Exemption Guidelines – from July 2018 – All AER exemption holders operating in NSW will be required to hold an EWON membership. Previously, membership was only a requirement for authorised retailers or networks. The anticipated changes will increase EWON membership from 56 to approximately 400. This will affect EWON’s own governance and operations as well as having a significant impact on exemption holders. On 15 March 2018, EWON – in association with KPMG – held a forum outlining the proposed changes to EWON’s structure to facilitate the transition. The significant changes will have an impact on four spheres of EWON’s operations. By Alex Silcock, Compliance Quarter. [caption id="attachment_3724" align="aligncenter" width="640"] Photo by Thomas Kelley on Unsplash[/caption] Membership model:…
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Revised Exempt Selling Guideline released

AU Energy Compliance
By Anne Wardell, Compliance Quarter.  The Australian Energy Regulator (AER) has released an updated Retail (Exempt) Selling Guideline Version 5 March 2018 (new Guideline). They have also released a Notice of Final Instrument which discusses the changes introduced. The new Guideline became effective from 16 March 2018 which was the date of publication. There are a number of important changes which have been introduced. All of the changes have been the subject of extensive consultation and discussion between the AER and stakeholders. For additional background please refer to our earlier articles: AER seeking feedback on Revised Draft Retail Exempt Selling Guideline; The proposed new dispute resolution obligations for exempt sellers; and Complaints Resolution for Exempt Customers. I will discuss each important change individually. Dispute resolution, membership of ombudsman scheme now a condition…
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Misconceptions in Embedded Networks: Beware Common Errors

AU Energy Compliance
Last Friday we ran a free webinar on the common misconceptions in embedded networks for exempt and authorised retailers. You can view our webinar for free by submitting the form below. For further reading and recent analysis on embedded networks click here. [caption id="attachment_3717" align="aligncenter" width="640"] Photo by Jez Timms on Unsplash[/caption] [vc_row][vc_column][load-fsform form_id="3007818" thankyou_message="VGhhbmslMjB5b3UlMkMlMjB2aWV3JTIwdGhlJTIwd2ViaW5hciUyMGhlcmUlM0ElMjBodHRwcyUzQSUyRiUyRnpvb20udXMlMkZyZWNvcmRpbmclMkZwbGF5JTJGa2I1emZuREhJZ3lqX1NFbnV1SnhMWWxIWllqVU1xeENHck1BTmtlYmtlclNKek1pSlBaRTJrQ2g0T3o0amJMQQ=="][/vc_column][/vc_row]
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Royal Commission, Round One: The home loan ‘Introducer’ program

Royal Commission, Round One: The home loan ‘Introducer’ program

Financial Services
This week the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (the Royal Commission), began round one of its public hearings (see https://financialservices.royalcommission.gov.au/public-hearings/Pages/transcripts.aspx). In today’s article we look briefly at one case study that has been discussed by the Royal Commission this week; the NAB ‘Introducer’ Program. [caption id="attachment_3706" align="aligncenter" width="640"] Photo by Martin Pegg on Unsplash[/caption] This case shows what can happen when effective compliance controls are not in place within an organisation. Background The Royal Commission was established on 14 December 2017, on the advice of the Commonwealth Government. It was initiated on the back of growing pressure for an independent and wider-ranging inquiry with full investigative powers. Following the release of background papers, submissions from the public and public hearings focused on specific…
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Update: Electricity and Other Legislation (Batteries and Premium Feed-in Tariff) Amendment Bill 2018

Update: Electricity and Other Legislation (Batteries and Premium Feed-in Tariff) Amendment Bill 2018

AU Energy Compliance
On 15 March 2018, the QLD State Development, Natural Resources and Agricultural Industry Development Committee ('Committee') published its report on the Electricity and Other Legislation (Batteries and Premium Feed-in Tariff) Amendment Bill 2018 ('Bill'). The Committee has recommended that the Bill be passed. By Connor James, Compliance Quarter.  [caption id="attachment_3701" align="aligncenter" width="640"] Photo by Jack van Tricht on Unsplash[/caption] What the Bill Seeks to Do As noted in our previous post on 15 February, the Electricity and Other Legislation (Batteries and Premium Feed-in Tariff) Amendment Bill 2018 was introduced to the Queensland Parliament by the Minister for Natural Resources, Mines and Energy. The Bill seeks to make three key changes to the regulation of the sale of electricity in Queensland. These are: Removal of the Non-reversion Policy for Small Customers; Amendments to the Solar…
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Distributor pays $60,000 penalty for alleged breaches: how to ensure your energy business is meeting its c

Distributor pays $60,000 penalty for alleged breaches: how to ensure your energy business is meeting its c

AU Energy Compliance
The Australian Energy Regulator (AER) has issued infringement notices to Energex after the distributor allegedly left life support (LS) customers without power on three occasions and with no lawful excuse (https://www.aer.gov.au/news-release/energex-pays-60000-penalty-for-alleged-breaches-of-life-support-obligations). By Dr Drew Donnelly, Compliance Quarter. [caption id="attachment_3697" align="aligncenter" width="640"] Photo by Setu Anand on Unsplash[/caption] We have touched on LS obligations in embedded networks in a previous article (https://www.compliancequarter.com.au/life-support-obligations-embedded-network/). In today’s article, we take a step back and look at the life support obligations of energy businesses in general. These are obligations that apply to distributors, retailers and embedded network operators. However, the potentially tragic consequences of breaching these obligations mean that all in the energy sector must be aware of them. We finish by suggesting some steps you might take in your business to reduce the risk…
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New Metering Coordinator requirements and Exempt Selling Guideline are in force

New Metering Coordinator requirements and Exempt Selling Guideline are in force

AU Energy Compliance
This is a quick update on the Australian Energy Regulator’s recent announcements regarding Metering Coordinator requirements and the revised Exempt Selling Guideline. By Dr Drew Donnelly, Compliance Quarter. [caption id="attachment_3690" align="aligncenter" width="640"] Photo by Aaron Burden on Unsplash[/caption] Metering Coordinator Rule Change In line with the ‘Power of Choice’ rule changes, metering contestability was introduced to the Australian Capital Territory, New South Wales, Queensland, Tasmania and South Australia on 1 December 2017.As part of this rule change, Financially Responsible Market Participants (usually market retailers) were required to appoint a Metering Coordinator for all of their connection points by 1 December 2017. Large customers have the option of appointing their own Metering Coordinator. Why the change? Before this rule change, it was generally only the Local Network Service Provider that had…
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Opportunities for innovators in frequency control? ARENA invests half a million in wind farm feasibility study

Opportunities for innovators in frequency control? ARENA invests half a million in wind farm feasibility study

AU Energy Compliance
Opportunities for innovators in frequency control? ARENA invests half a million in wind farm feasibility study. The Australian Renewable Energy Agency (ARENA) has just announced that it is providing almost $500,000 to a Tasmanian wind farm to carry out a feasibility study testing the ability of wind farms to provide ‘frequency control ancillary services’ (https://arena.gov.au/news/tassie-wind-farm-trial-grid-stability-services/). Photo by Matt Artz on Unsplash By Dr Drew Donnelly, Compliance Quarter. In today’s article, we explain why frequency control is a pressing concern for the national power grid and regulators, how this study might help, and what this means for innovators in the energy market. What is frequency control and why does it matter? The national power grid is designed to operate at a consistent frequency of 50 Hertz, or 50 cycles a second. However, fluctuations in…
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