Penalty for Queensland generator over inability to supply frequency control services
Frequency control ancillary services (FCAS) is used by AEMO to maintain the frequency of the system within tolerances and around 50 cycles per second. FCAS
Substantial increases in penalties for non-compliance in the energy sector
Summary: As a result of recent reforms discussed below, non-compliant energy businesses in NECF now face penalties of up to 10 percent of their annual turnover or $10,000,000. Consequently, all energy businesses should seriously re-examine their compliance programs and regulatory controls.
The proposal to ban embedded networks in Victoria
In October 2018, the Victorian Government announced an election commitment to ban embedded networks in new residential developments in Victoria. Since that time little has
Converting Existing Buildings into Embedded Networks
Today we are looking at the ‘retrofit process’ for embedded networks. We focus on the eastern states, other than Victoria – which has its own
ASIC’s report on regulatory technology
The Australian Securities and Investment Commission (ASIC) has published a report (Report 685) on ASIC’s Regtech initiatives during 2019-2020. We’ve spoken previously about the benefits
Should Your Business Invest in a Compliance Management System?
Businesses around the world face challenges in managing regulatory compliance. Compliance requirements and the regulatory environment are constantly changing and there is no ‘one-size-fits-all’ solution.