On 3 March 2017 the AER published its latest Quarterly Compliance Report: National Electricity and Gas Laws.
The report summarises the AER’s compliance monitoring and enforcement activities under the National Electricity Law and the National Gas Law from 1 October to 31 December 2016. It provides an overview of the results and investigations, targeted compliance reviews and projects undertaken in the quarter.
- includes an update on the AER’s investigation into the South Australian black system event of 28 September 2016;
- highlights the AER’s investigation of the events of 1 December 2016 involving the separation of South Australia’s electricity market from the National Electricity Market (NEM);
- acknowledges the high wholesale spot price events in the NEM, during the 2016/17 summer, and confirms that the AER will report on the causes of these high prices, conducting compliance investigations where appropriate; and
- highlights the AER’s review of the load-shedding event in South Australia on 8 February 2017.
Through these QCR publications we seek to inform businesses of obligations under the national energy laws and encourage a culture of compliance. The AER’s Quarterly Compliance Reports seek to promote transparency and good industry practice across Australia’s wholesale energy sector.