AEMC releases draft rule to support a competitive market for ‘behind the meter’ battery storage
By Anne Wardell, Compliance Quarter The Australian Energy Market Commission has released a draft rule to support a competitive market in ‘behind the meter’ batteries and other distributed energy resources by limiting network businesses’ ability to own and control these assets. This follows a rule change request from the COAG Energy Council and the Australian Energy Council. The purpose of the rule is to facilitate competition in the emerging contestable energy services market. The rule is designed to allow the consumer to choose how to use their energy resources rather than the distribution business. The draft rule: restricts distribution network service providers' ability to earn regulated returns on assets located behind the meter, on the consumer’s side of the connection point updates the framework setting out how the Australian Energy…