How network costs drive price in the National Electricity Market: The latest from the ACCC Retail Electricity Pricing Inquiry
We have looked at a range of reports, inquiries and policies over the last few months which are, at least in part, a response to the relative rise in electricity prices in recent years. These include: The Finkel Review (https://compliancequarter.com.au/tag/finkel-review/). This was an independent review, commissioned by the federal government which, among other things, recommended a clean energy target and obligations on new generators to maintain voltage and frequency; AEMC’s embedded networks review (https://compliancequarter.com.au/embedded-networks/), which looked at improving access to the retail market for embedded network customers; The abolishment of ‘Limited Merits’ Review (https://compliancequarter.com.au/merits-review/). This new legislation will eliminate the routine application of network operators for a review of the National Energy Regulator (NER) revenue and price determinations; The National Energy Guarantee (https://compliancequarter.com.au/national-energy-guarantee-mean-energy-industry/), which, among other things seeks to increase…