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    31 January 2017 
    A paper outlining the final design of the reserve capacity auction was released for stakeholder information and to advance the calibration of the auction demand curve. For more information refer to the Wholesale Electricity Market Improvements webpage.

    12 January 2017
    Network Regulation
    The Electricity Market Review has released a position paper on those elements of Chapter 4 of the National Electricity Rules that are proposed to be incorporated into the Wholesale Electricity Market Rules. Interested parties are invited to make submissions on the Position Paper by 23 February 2017. View the position paper is available here [PDF]. 

    23 December 2016
    Network Regulation
    On 23 December 2016, the Minister for Energy gazetted amendments to the Electricity Networks Access Code 2004 (Access Code).  The amendments extend the deadline by which Western Power must propose revisions to its access arrangement. Further information is available on the Network Regulation webpage.

    21 December 2016
    Industry Briefing Forum
    The Industry Briefing Forum was held on 20 December 2016. View the presentation here [PDF].

    7 April 2016
    More Power to You
    The Minister for Energy has announced today electricity market reforms to ensure a fairer system for all. Read the media statement or go to the More Power to You website [external website] opens in new window. 

    Electricity Market Review

    On 6 March 2014, the Minister for Energy launched the Electricity Market Review. The Review examines the structures of the electricity generation, wholesale and retail sectors within the South West Interconnected System in Western Australia and the incentives for industry participants to make efficient investments and minimise costs.

    The Electricity Market Review is being undertaken in two phases.

    • Phase 1 comprised an assessment of the strengths and weaknesses of the current industry structure, market institutions and regulatory arrangements and an examination of options for reform to better achieve the Electricity Market Review objectives.
    • Phase 2 will comprise two stages, firstly the detailed design of a set of selected reforms and implementation arrangements.

    The Review has three objectives:

    • Reducing costs of production and supply of electricity and electricity related services, without compromising safe and reliable supply
    • Reducing Government exposure to energy market risks, with a particular focus on having future generation built by the private sector without Government investment, underwriting or other financial support
    • Attracting to the electricity market private-sector participants that are of a scale and capitalisation sufficient to facilitate long-term stability and investment

    Phase 1 of the Review is now complete. Phase 1 identified an urgent need for industry and market reform in the electricity sector to address a problem of high and increasing costs of electricity services. Further information about Phase 1, including the Options Paper, can be found here.

    Phase 2 was launched on 24 March 2015 and has now commenced, with direction from government to undertake detailed design work on a selected set of reforms identified in Phase 1. Further information about Phase 2 can be found here.

    Last updated: 31 January 2017