Wholesale electricity market performance monitoring - 2022 Focus paper

Sector: 
Segment: 
Status: 
Date completed: 
16 December 2021
Date initiated: 
11 November 2021
Effective date: 
11 November 2021
Contact: 
AER General Inquiries AERInquiry@aer.gov.au
AER reference: 
AER212470

Overview

The AER published its 2022 Focus paper on 11 November 2021. This paper outlines the areas we intend to concentrate on in our analysis, and the framework and tools we intend to apply for our next biennial wholesale electricity market performance report.

We are required under the National Electricity Law (NEL) to undertake regular, comprehensive, longer-term assessments of the performance of the wholesale electricity markets. As part of this, we will report on whether there is effective competition in the wholesale markets, or if there are features of the markets that may be detrimental to effective competition or the efficient functioning of the market.

We provided our last comprehensive biennial report on the performance of Australia's wholesale electricity markets to the National Cabinet Energy Reform Committee in December 2020. The next report will be delivered by December 2022.