The Reliability Panel is responsible under the market rules for:
(i) determining and maintaining the power system security and reliability standards;
(ii) determining and maintaining guidelines governing the exercise of NEMMCO’s power to issue power system directions;
(iii) determining and maintaining guidelines and policies governing the exercise of NEMMCO’s power to contract for the provision of reserves; and
(iv) reviewing the performance of the market in terms of power system security and reliability.