Publications
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Retailer of Last Resort review consultation paper
PIAC responded to the Australian Energy Market Commission’s (AEMC) Review of the Retailer of Last Resort (RoLR) Scheme Consultation Paper. As well as commenting on specific issues raised in the Consultation Paper, PIAC outlined ways in which the RoLR scheme could work more effectively to protect and benefit consumers. PIAC recommended:
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AER’s regulatory treatment of inflation draft paper
PIAC lodged a submission to the Australian Energy Regulator (AER) on its draft paper concerning its regulatory treatment of inflation. PIAC considers any change which materially shifts the risk between consumers, businesses and investors must be backed by thorough modelling showing how this is in consumers’ interests. PIAC does not support changing to a (typically)…
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Compensation following directions for non-energy or market ancillary services
PIAC responded to the Australian Energy Market Commission (AEMC) draft determination for the rule change ERC0287: Compensation following directions for services other than energy and market ancillary services. PIAC supports the draft determination as we consider it will result in a fairer, more efficient compensation process. We consider this process is likely to reduce costs…
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Compensation for market participants draft determination
PIAC responded to the Australian Energy Market Commission (AEMC) draft determination for the rule change ERC0284: Compensation for market participants affected by intervention events. PIAC supports the draft determination as we consider it will result in a fairer, more efficient compensation process. We consider this process is likely to reduce costs to consumers in the…
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IPART special review of water pricing and licencing regulation position paper
PIAC made a submission to the first stage of a comprehensive review of the way water businesses are regulated in NSW. PIAC supported the scope of IPART’s review and made a number of detailed comments on improving aspects of it. Most importantly PIAC strongly recommended IPART consider the development of an overarching objective for water…
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ACCC Murray Darling Basin Water Markets Inquiry interim report
PIAC made a submission in response to the interim report from the Australian Competition and Consumer Commission’s (ACCC) inquiry into the operation of the Murray Darling Basin water markets. PIAC responded to a range of findings in the interim report, highlighting issues with the transparency of links between the water markets and the physical operations…
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Post-2025 Market Design consultation paper
PIAC responded to the Energy Security Board’s (ESB) Post-2025 Market Design consultation paper. The paper considers various aspects of the energy market including thermal generation closures, resource adequacy, essential system services, scheduling and ahead markets, two-sided markets, Distributed Energy Resources (DER) integration and transmission access. PIAC focussed our response on the consumer-facing market design initiatives,…
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Project EnergyConnect contingent project application
PIAC made a submission to the Australian Energy Regulator (AER) on the contingent project applications from TransGrid and ElectraNet for Project EnergyConnect. PIAC opposes Project EnergyConnect proceeding under the current regulatory framework as we consider is unfairly allocates costs and does not present a good return for consumers. The project’s costs have increased substantially while…
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IPART Review of Retail Energy Market 2019/20
PIAC made a submission in response to IPART’s Monitoring the retail energy markets 2019/20. This regular review is a vital examination of the functioning of the electricity market and how it is working for NSW consumers. PIAC commends IPART that this year’s review provides better insight and analysis than previous reviews. In this submission, PIAC…