Monitoring wholesale gas and electricity market performance is an important element in building knowledge and trust in Australia’s energy system.
Our analysis, insights and reporting enable policymakers, market participants and the community to understand the key drivers behind the prices and trends in the markets and make informed decisions about the opportunities and challenges ahead.
We are moving to annual wholesale markets performance reporting.
Earlier this year, Energy Ministers and market bodies explored options to reduce duplication in market reporting. Following these discussions, we have made some changes to our wholesale market performance reporting.
We will continue to provide quarterly updates to our suite of industry data files for public access and use, but will no longer be publishing the wholesale markets quarterly report analysing trends in the wholesale gas and electricity markets. Instead, we will produce separate annual reports on the performance of the wholesale gas and electricity markets.
We are required by law to publish and report on the performance of the wholesale markets at least every 2 years. Moving to annual reporting will enable us to provide more timely insights and greater transparency into competition and efficiency in these markets. A detailed annual wholesale gas market report will be published for the first time in 2026.
Our regular reporting includes:
The National Electricity Law and the National Gas Law requires us to monitor the wholesale electricity and gas markets and their associated contract markets.
We report on their performance as part of our enhanced wholesale market monitoring and reporting function. In general, we are required to identify and analyse whether:
The overarching purpose of these functions is to promote effective market competition and efficient market functioning of wholesale electricity and gas spot and contract markets.
Through regular monitoring and reporting of how those markets operate and interact, we will improve market transparency, provide well-informed advice and analysis, and enable deeper insights into retail markets and drivers underpinning prices ultimately paid by consumers.
