
What will happen to ‘legacy embedded networks’ under the AEMC’s proposed rule and law changes
Tomorrow the Australian Energy Market Commission (AEMC) will hold a stakeholder forum to examine the question of what will happen to 'legacy embedded networks' under the AEMC's proposed rule and law changes. Below we discuss this question. By Connor James, Compliance Quarter. In January the AEMC released its draft report Updating the regulatory frameworks for embedded networks. The report set out proposed amendments to the national energy laws and rules to establish a new regulatory regime to improve consumer protections and access to retail market competition for embedded network customers. We have discussed the report in previous posts. The headline items included the establishment of a new 'type' or retailer holding an off-market retail authorisation and the abolition of the majority of exemptions meaning that all 'new' embedded networks would need to…